I haven't seen a discussion on Resolution 200C, but I may have missed it.
I'm particularly interested in the thoughts of people voting yes... What are your thoughts on RJ's golden parachute (Resolution 200C)? Do you think RJ deserves the $2m+ package/parachute plus a considerable signing bonus? Are you supportive of RJ heading up BNPL in LFS? Or are you voting yes to the sale, capital return and re-naming, and no to 200C?
My position: I do not consider RJ's or the HUM board's actions and decisions relating to this deal have been in the best interests of SH, resulting in the current level of uncertainty and SP depreciation. Even with current market conditions, I think the SP would be in a better position than it currently is if not for this proposed deal. If the sale does go through, I wouldn't want RJ heading up BNPL in LFS. RJ has struggled to implement the HUM BNPL strategy to date, why would we expect any better performance in LFS? So, unless someone can point me to something I am missing, I intend to vote no to 200C.
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I haven't seen a discussion on Resolution 200C, but I may have...
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