GREY:ATBPF - Post by User
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Forestviewon Oct 18, 2021 12:09pm
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Hexo CEO Removed
Hexo CEO RemovedThis article is actually very timely.
https://ca.finance.yahoo.com/news/hexo-ceo-exits-after-activist-investor-slams-performance-140151817.html
The Shareholders of Hexo (Canadian Cannibis) had the CEO removed for the following reasons
- recent dilutive financings
- the CEO's misalignment with shareholders
- lack of basic business skills to lead
Sound familiar? For all of you ticked off at Dan (dan@antibethera.com), send him a note and let him know as a shareholder that this is unacceptable. Send Walt Mackee (board chair) one too (although his email isn't made public). Both Dan and Walt got the lowest % of votes at the August AGM, so there is a lot of frustration brewing.