her timing was impeccable
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her timing was impeccable
Very much a copy & paste response - and no signing of any name at the end of the email, which I find poor.
So a2 paid for Jet stars remuneration package to JH. Why didn't a2 wait until she had finished her time with JS, then take her on as CEO after her remuneration package?:t_down:.
Dear Kind Regards
Did anyone on the board that offered this lady the job stop to think that a brand new CEO selling ALL of her shares within months of joining A2 would not be a good look? If not then why not? And if not, have any board members thought of resigning because of this lack of insight?
Did anyone on same board that offered this person the job not think that paying her in cash would have been a wiser decision? If not then why not? And if not, have any board members thought of resigning due to this lack of foresight decision?
Does everyone on the board think that the statement - 'Jayne...... holding a significant amount of equity moving forward' IE. MORE FREE SHARES THAT SHE'S BEEN GIVEN, is a satisfactory answer that would appease shareholders? If so, then have any of these said board members bothered to listen to shareholder opinion on this sell-off? If not, then have they thought to resign because of this inaction?
Has any board member thought to try and entice Geoff Babidge back into the fold with a few more million shares to get things back on track and give shareholders some confidence back? If not then do you ever take note of shareholder opinion?
If the answers to the above are all no's, then do you realise that a shareholder vote would see you all removed en masse - with immediate effect?
Regards
Yours
I guess it comes down to how long was left on her contract,and how was her remuneration contract with jetheap negotiated,if it was performance based was she ahead of the game and on track to recieve her full entitlements.She might have been running out of customers to shaft at jetheap,or she could have been doing really well,I guess we will never find out
Maybe JH was the smarter, more aggresive negotiator at the recruitment table. If so, can ATM afford to have such a strong negotiator with such strong self interest?
I have seen several times in the last few years where very strong negotiators have joined a business and procceded to strip all the value they can get while talking the talk.
As shareholders, the question may well be: has the company got too big for the current boards experience?