OTCPK:TLSMF - Post by User
Comment by
Kamloopson Nov 03, 2014 12:16pm
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Post# 23088583
RE:RE:Talisman new CEO - who will it be
RE:RE:Talisman new CEO - who will it beThe bloating was created by HK's predecessor. He created an internal infrastructure similar to BP. Many people were airlifted into mid level roles but given perks as if they were executives. This gave rise to unsustainable international capital programs. The BoD did nothing as G&A spiraled into the stratosphere and the capital programs were less attractive. As the company began to implode more costs were incurred in the form of extravagant severance.