Time for new blood?Been lurking for a while and not talking as there has been nothing to say about this company. Flyht is still a rough diamond encrusted with dirt, concrete and dried dead roots. I still have some stock and interest here and hope for something to change, but looking over the past 3 years since I posted here, not much has changed. There seems to be a new bag of magic beans with IBM....(again!) and really the vision has not changed since the days of the original business plan and management.
Maybe it is time for some house cleaning at a board level? It seems to me that some of the long timers have become long in the tooth and a bit to grey to have any energy to make this pile go somewhere. I understand the need for names with connections like Airlines, Inmarsat and the capital markets, but the rest makes up an old boys network that have been there too long. What happend to the plan to refresh the board regularily and keep tenure to 5 to 7 years and good judgement would dictate? Some have these guys have been there for going on 20 years! And the size of the board!! how do they get anything done!
Bring in some fresh ideas and good business savy Bill!