On Thursday I wrote a letter to the Board, which was forwarded to the chairman. The letter included a proposal to undertake a comprehensive review of executive remuneration as it is completely appalling and misaligned with performance, starting with Ed and Peter. Their “contribution” since being brought on has been wealth and performance destruction, do shareholders really need a CEO and CFO collectively on 2 million a year. Probably not, would an average joe off the streets do any worst, probably not. So the proposal is to cut Ed and Peter’s remuneration and undertake a strategic comprehensive cost review because revenue ain’t growing and to survive it time the board stop procrastinating and actually start “working hard” as they say and do something about this ailing business.
- Forums
- ASX - By Stock
- what a pathetic company.
On Thursday I wrote a letter to the Board, which was forwarded...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ISD (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online