RE:Globe and Mail- CEO searchBeech...just so I have this straight... A month ago in the June newsletter the CEO search was called off (within a couple of months of it initially being announced) for what looked to be several months until a financing or AH sale was in place.
Now, a month later it is back on? Perfectly normal behaviour to me.
Also, so I have it straight, the current CEO is going to step down and take the Chair position. The same position to which the newly hired CEO will be reporting to? Hmm, where does that leave the governance responsibility of the rest of the board? Are they just thumb riders in the new BOD configuration we have been told is coming?
So ultimately all decisions will go directly through the new Chair...who would that be again? Will this person be an independent steward of our interests?
I have an email in to Obama, to see if Ecuador is still providing immunity to leaders that just don't seem to get it.