It is now as clear as the nose on your face, the Rathie controlled DataDog is full of his cronies. Now let's see here, Rathie the Chairman gets rid of ex CEO Bootle who was a disaster blowing $5mm in one year right under Rathies nose I might add. So to save the Dog, Rathie decided to step in as Exexutive Chairman for a period of 6 months to "save the Dog".
Well since then now some 7 years later, he has failed dismally taking DataDog to the brink of exstinction. So as not to wear all the heat, 2 years ago he arranges with one of his cronies from another company Rathie is a director of and it too is heading for the toilet, a Timogen Hield to come in and take over as CEO. Well young Tim knows even less about running a company but young Timmy is there as the puppet, he is the guy to follow Rathies clueless direction and for that, He , young Timmy, gets a raise for the financial year from $260k to a whopping $390K and all for losing a further $900K for the year. Oh should I mention the revenue also fell for the 9 consecutive year by a $ 1,250,000.
Well Timmy's new name around the markets is now 'Young Timmy The Great Heist: and he is being taught by the best trough snorter in the business, a Bruce Rathie. together they milked $390k for young Timmy, Rathies $85k, directors fees, but he has cut back poor soul from $122k last year so together there is $470K from the revenue. Oh I nearly forgot, another cronie along for the ride is the unqualified CFO, David Williams, he was in the milking shed too and standing in line behind young Timmy and the trough master Rathie, he milked something like $266K so all up, over $700k in wages for these 3, non of which has shown they can run DataDog now let alone into the future.
Let's hope the Thorney Group, the largest shareholder can see some light and throw Rathie, young Timmy The Great Heist and bed wetter David out the door or there will be zero left.
This is so clear yet this trio survive WHY, they should be in the clink.
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Mkt cap ! $3.632M |
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