Not like these people didn't know 2nd strike was hanging over them so wake up call and value creation needed to happen? One Kiwi insto liked the story and if they change their mind we will have a massive overhang and he has the leverage to make of break the board? Was he behind the buyback request?
If we roll the board on 2nd strike do we have to Patricia out? What is her exit deal and could we afford it.
On the surface the execution of plans hasn't changed if what Wayne was saying was onfoot at the time and marginal increase subsequently doesn't deserve rewards IMO . So since Bert has been in control of targets he has met em? Got close? I know the change of management theory where you tell everyone previous was useless, write down the assets and then set your bonus at a low level hurdle and then look like a genius for turning it around.
Well if it is happening it isn't reflected in the numbers and excuses not fully explained don't tell holders the full story. I can't believe with such a good structural infrastructure they have not been able to accelerate development and sales
Trevor a scapegoat just so shareholders see blood? What value is he supposed to add and has he done so?
Mr Trevor Allen
Trevor Allen has over 37 years of corporate and commercial experience, primarily as a corporate and financial adviser to Australian and international corporates.
Trevor is a non-executive director of Peet Limited, Freedom Foods Group, Yowie Limited, Juvenile Diabetes Research Foundation Australia Inc and Aon Superannuation Pty Ltd, the trustee of the Aon Master Trust. He was a member of Finsia’s Corporate Finance Advisory Committee for 10 years up until December 2013.
Prior to undertaking non-executive roles, Trevor had senior executive positions as an executive director – Corporate Finance at SBC Warburg and its predecessors for eight years and as a corporate finance partner at KPMG for nearly 12 years. At the time of his retirement from KPMG in 2011, he was the lead partner in its national mergers and acquisitions group.
Trevor spent three years in commerce as Director – Business Development for Cellarmaster Wines from 1997 to 2000, having responsibility for the acquisition, integration and performance of a number of acquisitions made outside Australia in that period.
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