Directors Survive, page-5

I was present at the meeting and was also surprised how close the voting was.
The three proposed new board members were also present sitting amongst the shareholders attending the meeting and were prepared to take questions.
I asked Russell Middleton "you obviously value Ken Nilsson as you want him to stay on, what plans have you got if you succeed taking a place on the board and Ken resigns"
He replied that no one is indispensable and he would be replaced (he didn't say if they had anyone in mind or not) and that there would have to be a succession plan in place anyway.
Peter Stern added that they are also putting succession plans in place.
Peter Stern had also stated that there is a "hump" for the company to get over and once they do, their plans are to direct the company in the direction it used to be in.......do the simple things well and get the shareprice heading back up.
Looking forward to that!