Should Richard Resign?, page-89

Currently unlisted. Proposed listing date: 09 APRIL 2025 11:00 AM AEST ##

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xmanrocks

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23/03/18

15:12

Post #: 31983595
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Originally posted by Thanky ↑

Whether he should stay or go depends on how important the Board believes he will be to drive the business forward. He has lived and breathed this company, it is in a start-up phase, finding someone to step in and hit the ground running may be a challenge.

I don't want BIG to remove their CEO to appease a newspaper if it means there is a greater risk of them not being able to execute their business plan.

With a properly governed Board I think the market should be able to regain its confidence in the business. BIGs previous Chairman Massie let us down big time. He wasn't in control of his patch at all. Signing off on the accounts and not obtaining the correct advice on governance issues was his responsibility.

Unless the CEO is found to have acted improperly, I would like him to stay, for now.

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well he lived and breathed his last start company as well and look what happened to SHers money.
No coincidence the last start up suffered from poor governance as well or was that just misleading information he was found guilty of.
Ryzie is right and SHers will suffer from the company having a case of lack of credibility for having this guy continue as CEO.

Pretty pathetic saying the chairman has let us all down when you have a CEO with this sort of record directing the ship.

BIG Price at posting: $2.22 Sentiment: None Disclosure: Not Held
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Should Richard Resign?, page-89

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