I would like the Tesserent Board to outline their performance...

I would like the Tesserent Board to outline their performance goals.

Warren Buffett, in his 2010 letter to shareholders explained as follows:-

"Charlie and I believe that those entrusted with handling the funds of others should establish performance goals at the onset of their stewardship. Lacking such standards, managements are tempted to shoot the arrow of performance and then paint the bull’s-eye around wherever it lands. In Berkshire’s case, we long ago told you that our job is to increase per-share intrinsic value at a rate greater than the increase (including dividends) of the S&P 500. In some years we succeed; in others we fail. But, if we are unable over time to reach that goal, we have done nothing for our investors, who by themselves could have realized an equal or better result by owning an index fund"

See

http://www.berkshirehathaway.com/letters/2010ltr.pdf

How do we judge the Tesserent Board if they don't tell us what their performance goals are?

Keith Glennan and/or Russell Yardley should tell shareholders in the upcoming annual report what the Board's performance goals are.

If it is good enough for Warren Buffett and Charlie Munger to tell their shareholders what their performance goals are, it is good enough for Tesserent.