thanks davisc4.
Submitted my vote last week, rejecting everything! (And I was having a good day!)
Wish the chair was up for renewal. One board member is a renewal, so is culpable. But I have to send the strongest possible message with our limited influence. (Gee, they don't even provide a prepaid envelope or online voting!)
Ideally, CEO should be terminated immediately without severance due to incompetence. (Surely the contract wouldn't allow a severance under these circumstances, and US common law --where CEO resides--is mostly employment at will.)
Chair should agree to step aside after transition. Other mgt (one as interim CEO) should have enough skills to sell assets (as needed) and maximize production within cash flow without waiting for a new CEO unless choice is internal.
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