RE:RE:Board chair at ONC No I don't have a legal background. I don't think a special meeting is needed right now. If we do in fact have the numbers to vote out 1 or 2 board members this go around that's all that's needed. Remove 2 board members and let it be known if credible changes aren't made quickly then a special meeting will be called with a full slate of new board members proposed. The board is responsible for executive compensation so if we show we have the ability to change the board, you can be sure changes will be made.
SPCEO1 wrote: Jeffm34 - I believe you were the one who posted some info about calling a special meeting at one point. Do you have some legal background or did you just work hard to dig that info up? If you are a legal type - do you anything about what might happen if you got your wish and shareholders voted many sitting board members off the board? I am assuming the remaining board members would be able to replace those who were voted off with new board members of their choosing and potentially no effective chage from our perspective. Or is there some other way for shareholders to have a bigger say in who those replacements might be?
jeffm34 wrote: Here's a small company from Alberta, Canada specializing in oncology. They don't have one of several thousand ex-vps from Pfizer sitting on their board. Their board chair is Wayne Pisano who is the former president and CEO of Sanofi Pasteur. TH refuses to look outside its small circle of friends for any help what so ever. Nothing will change with the stock performance until that mindset is completely erased from the company.