Hi All,
Not everyone is experienced at writing letter/emails but I feel we can all support the holders who have already expressed their concerns to the BOD. So I have got a template.
You may wish to modify it, I was informed it was burn out but you may not have been.
We all proffer our opinions on this thread as anonymous individuals as is our right. But here is an opportunity to have you say in a profession way that makes you position clear.
[Your Name]
[Your Address]
[City, State, Zip Code]
[Email Address]
[Phone Number]
[Date]
Board of Directors[Company Name]
[Company Address]
[City, State, Zip Code]
Dear Board of Directors,I am writing to express my deep dissatisfaction with the recent departure of our CEO, [CEO's Name], and the lack of transparency surrounding the circumstances leading to his resignation. It has come to my attention that the explanation provided for his departure being burnout was not accurate, and as a shareholder, I am disappointed by the lack of honesty and communication from the board.It is my understanding that there were no performance concerns regarding [CEO's Name], and it is therefore concerning that the board allowed him to resign under false pretenses. As a shareholder, I expect the board to demonstrate leadership and accountability in this situation, and I urge you to reconsider the decision and find a way for the CEO to return to his duties.The abrupt departure of [CEO's Name] has created uncertainty and instability within the company, and as shareholders, I expect better communication and decision-making from the board.
I urge you to prioritize the interests of the company and its shareholders and work towards a resolution that is in the best interest of all parties involved.I trust that the board will take my concerns seriously and address them promptly. I look forward to hearing your response and working towards a positive outcome for the company.Sincerely,
[Your Name]
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