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Ann: Resignation of Director - Christine Holman, page-4

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180 Posts.

113

13/11/17

13:40

Post #: 28737770
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Originally posted by bug1 ↑

From the FY17 Annual Report
"Christine will join the Board effective 24 August 2017 and has worked for both media and telecommunications organisations and private equity firms and brings deep experience in M&A and post-acquisition integration. She has a strong understanding of technology and operational experience managing fast growing businesses through the change process.
The Board will continue to focus on Director renewal over the next 6 months within the context of our skills matrix."

Its not surprising to see a director go, but didnt expect it to be the newest appointment, i wonder if Christine was bought in specifically to pass on her experience in M&A and integration, and was expected to be short-lived. Or if it just wasnt working out.

In any case, there is a strong board, so we can afford to cycle through a few to look for better options.

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I disagree. IMO such a short tenure on the board is not a good look for the board and/or Christine in this case. It appears to have been a trivial appointment, which brings into question the decision-making process of the board and/or the quality and commitment of potential candidates for Directorship.

VOC Price at posting: $2.96 Sentiment: Buy Disclosure: Held
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