SAS sky and space company ltd

Management changes are needed, page-3

  1. 2,073 Posts.
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    Agree completely with this post to an extent

    Meir simply isn't commercially knowledgeable nor astute to run a successful business. He needs to relinquish control and resign and give way to a credible business person.

    consider the gomspace and virgin contracts which appear to have been written in such a way that are clearly to the detriment of SAS by say of over 100m of termination payments. This should have been foreseen and understood by Meir whwhern negotiating with these parties as it has now put the company in a very tricky situation.

    the other directors in my opinion should not be directors as they are also not equipped to run a successful large company. Their technical expertise is still needed and can be retained in a consultancy role, which they are currently doing.

    I genuinely believe if they had shareholders best interest at heart, they would set aside their ego, their greed, and step aside and let a brand new board, one with proven commercial success, take the reigns.


 
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