YOW 0.00% 2.5¢ yowie group ltd

AGM Voting, page-11

  1. 4,270 Posts.
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    YOW management Chronology
    June 2106 Board

    Loxton: Executive Chairman
    Patricia Fields exec
    Trevor Allen Non exec
    Changes:
    June 2016 Bert Alfonso becomes global CEO.... whilst Loxton remains Executive Chairman ie he still remains the "Big Boss"
    22nd Feb 2017 Loxton resigns
    22nd March 2017 Alfonso joins board
    6th April 2017 Allen become interim chair
    10th April 2017 Amy Wilson (ex Hershey) joins YOW as consumer brand development (An Alfonso appointment)
    21st June 2017 Revenue update and Guidance (first guidance by the new board and management)
    28th June 2017 Leo Valle joins YOW from Mondelez as VP Global supply chains operations (An Alfonso appointment)
    10th July 2017 Ido Leffler joins as Corporate advisor (An Alfonso appointment)
    25th July 2017 Sal Alvaraz CEO YNA resigns (originally a Loxton appointment)
    25th July 2017 Mark Schuessler (previously COO under Alvaraz gets promotion (by Alfonso) to GM YNA
    25th July 2017 Simon Washford joins YOW as marketing HK (An Alfonso appointment)
    18TH July 2017 Louis Carroll joins YOW board (Ex Mars Australia) as non executive Chairman
    18th July Trevor Allan resigns as interim chair
    2017 Board
    Bert Alfonso (in Alfonso camp)
    Louis Carroll (in Alfonso Camp)
    Patricia Fields (Loxton/Alfonso camp)
    Trevor Allen (Loxton/Alfonso camp)

    Looking at this, its a little unfair to say that management have had their chance and therefore dont deserve incentive shares. The reality is that Alfonso wasnt able to make any changes to the team until Loxton resigned inFeb 2017. After that the toe cutter has been hard at work. Even then, they werent able to give guidance for the 2016/17 year until 21st June 3.5 months after Loxton resigned.
    Looking at the current board I'd say that Trevor Allen is the most vunerable to losing his seat and coincidently, he's up for re-election this month....
    Its a new "Yowie" world out there....
    Last edited by sergeant: 03/11/17
 
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