Ann: Swift Board Changes, page-13

That is largely what I thought was happening, but still disappointing.
Board members are meant to represent ALL shareholders interests.
Sounds like one Director might be only thinking of themselves.
That Director would make a shedload more money if the company had:
- less costs (ie: their salary)
- less debt (ie; pay some off with their salary)
- a higher share price (as a result of the above)
- ability to use scrip (worth something decent) to acquire and grow the business.
It’s not rocket science, but some directors are like old rocks, hard to move and stuck in the stoneage!!