The boards charter on the first few pages:
"(b)appointing and removing the chief executive officer;
(c) monitoring the performance of the chief executive officer;
(d) where appropriate, ratifying the appointment and removal of senior executives;
(e) ratifying other senior executive appointments, organisational changes and seniormanagement remuneration policies and practices;(f) approving succession plans for management;
(g) monitoring senior executives' performance and implementation of strategy, and ensuringappropriate resources are available;
And the list goes on
Pass or fail?
Let me count the ways....
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