The role of the CEO
The role of the CEO is also clearly defined in the Charter for the Board of Directors. In summary, the CEO is responsible for implementing the Company strategies and policies, achieving the Company objectives and managing the business of the Company. The CEO reviews the performance of his senior executives on an annual basis.
The Company’s Executive Chairman (Paul McPherson) currently undertakes the role of CEO on a contract basis, in addition to his Chairman’s role. Having regard to the small size of the Company, it is not considered to be financially viable to separate the roles of CEO and Chairman at this time, from both a cost and efficiency perspective.
I don't believe he has lived up to any of this.??
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