WOW's SP and corporate performance are really bad and have not really improved since the factional games of Corbett and O'Brien. Banducci has just used to play the Board along, collect a pay check and utilised the factional friction to earn an exorbitant amount for "performance".
This "special person's cake" is symtomatic of a management struggling to succeed and has an air of French revolution about it, "let em eat cake" despite a grocer fast falling apart.
The BP decision, the discounting debacle, Masters liquidation and Big W are top of the list but the list gets bigger and Banducci just stays put in spite of performance.
WOW is becoming morally vacuous. Perhaps they should all be voted off and the fundies need to take responsibility for the Board and Executive lack of performance.
Ann: Full Year Results Announcement, page-37
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