ABQ 0.00% 3.4¢ allied consolidated limited

mr jury wowk

  1. 2,671 Posts.
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    Mr Jury Wowk was appointed as a non-executive independent company director on the 15th of February and joint company secretary. His appointed was accompanied by a statement announcement ABQ's intention to strengthen the board...

    NOW SOMETHING BELOW ON THE ROLE OF NON-EXECUTIVE COMPANY
    DIRECTORS...
    * Strategy: Non-executive directors should constructively challenge and contribute to the development of strategy.

    * Performance: Non-executive directors should scrutinise the performance of management in meeting agreed goals and objectives and monitoring, and where necessary removing, senior management and in succession planning.

    * Risk: Non-executive directors should satisfy themselves that financial information is accurate and that financial controls and systems of risk management are robust and defensible.

    * People: Non-executive directors are responsible for determining appropriate levels of remuneration of executive directors and have a prime role in appointing, and where necessary removing, senior management and in succession planning.

    Mr Wowk resigned as both director and company secretary on the 10th of April ( 2 months later ) with no reason given. What does this tell us ? Why did he resign ? Did he not like what he saw ?
 
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