I am still scratching my head wondering what happened?? Not that...

I am still scratching my head wondering what happened?? Not that long ago when Mr Welker was appointed MD, the Chairman (Mr McGlinn) was glowing in his praises of Mr Welker. Then when Mr McGlinn was appointed executive Chairman, Mr Welker returned the compliments!!.

Mr McGlinn being appointed executive Chairman raises a very pertinent point in that it is in direct contravention of the Company's Board Charter, in particular Clause 4.3 which states that the Chairperson is to be an independent non executive director!! Does this guy believe he is greater than the Company and more importantly, was the Board fast asleep!!

By anointing himself the Pope, oops sorry Chairman, Mr McGlinn has also gone against the grain of ASX Corporate Governance guidelines!! That is very naughty Pope Jeff and on that point alone should be removed, irrespective of the lover's tiff you are having with Mr Welker!!