I've done some digging on George Bauk. There's a lot of negative sentiment about him on the Hotcopper forum THB.
They say he's a lifestyle CEO because the share price in that company and all other companies he's run have all tanked after capital raising's he's done.
My 17 years experience with CEOS tells me George Bauk is NOT the worst CEO I've researched, he's an average CEO. He will be ok with Wayne keeping a close eye on him and PENINSULAR ENERGY share price has never done well LT anyway. So therefore, George has nothing to lose and everything to gain if he does something right or flukes it and does something outstanding. He's also earning almost triple his biggest ever salary with Pen and is not allowed to be on any other ASX listed company board while employed by PEN. It's in his best interest to make PEN a success story or he'll lose his 680k salary. IMHO He does not deserve this salary based on his prior salaries with other companies. Let's just hope he appreciates what we're paying him and shows us some respect by increasing share holder wealth.
I've done some digging on George Bauk. There's a lot...
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