No guarantees whatsoever of course, but the evidence is clearly that urgent changes to the Board is a refresh past due including at the least replacement of the incumbent Chairman, Dr David King.
Which non-executive Directors (query Bruce Gordon & Dr Fintan Walton) may have sat on their hands at the Board table and co-operatively simply 'followed the leader' whilst the good ship Cellmid appears floundering over past years.
Could even Dr Martin Cross and/or Dennis Eck not lived up to expectations for their respective contributions and not voiced their concern on wayward executive recommendations accepted by the Board and acted upon?
Who would disagree that a more independent and stronger Chair, supported by free-minded non-executive Directors prepared to stand against any errant executive leadership must be beneficial to all stakeholders?
Our recent substantial investors (including Dennis Eck and W H Soul Pattinson and Company Limited and others) must be spewing at their misjudgement and decimation of their investments in CDY.
As would the majority of shareholders be livid, except for the 'come what may' disciples who in their unquestioning support give licence to the CEO and Board to do more of the same, at the decimation of their shareholdings.
Do you agree we need a posse to enforce our right to competent stewardship of our company?
