I wonder how much say the Board had in this decision.
I suppose his departure was a requirement of the large investors before they put in the extra funds needed to recapitalise the company as a result of the borrowings and losses from the pacific island operations.
Good bye Timmy. It is back to kindergarten for you. There needs to be more sackings, including some Board members.
loki
Ann: Mr Tim Lehany to cease as MD and CEO effective 30 June 2014, page-11
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