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AS the Monarch Gold share price keeps sliding, shareholders must have wondered with some bemusement why director David Humann was appointed to the post of deputy chairman.

Humann is somewhat of a board junkie, and has no fewer than 12 posts according to his CV on Bloomberg.

But deputy chairman? Not even Rio Tinto or BHP Billiton has such a position on their boards.

According to Michael Kiernan, Humann's input will be “critical” as Monarch looks to fulfil its promise of production on a number of fronts.

“David's corporate experience and track record will be an asset to the company and its shareholders,” Kiernan said.

Does it mean that Humann gets more of a say in board discussions now that he is deputy chairman, as opposed to just being a non-executive director?

Will the input be more valuable now?

Or is Kiernan just looking to anoint a deputy, just in case he wants to step down or move sideways one day?

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