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Posted On: 07/10/2021 4:44:50 PM
Post# of 145882
Looks like my post got deleted. My post wasn't a basher position at all since I have been very bullish for over a year and a half and still am.Only trying to find pragmatic solutions and neutralize the extreme position of the 13 D’ers.. plus my position would evaluate the exec team performance more objectively than what is in place today and more objectively than the 13 D group which has already decided what they want to do..As an executive for 20 of my 40 years in business I have seen how boards operate first hand with my conclusion that independent COBs are the healthiest solutions for corporations and shareholders. I believe a share holder drive to get this implemented would have to be on the proxy just as the 13d crowd want to implement their own board members which wouldn’t meet this objective at all.the other way is to pressure existing board members that a change in the COB charge is necessary for good , ethical governance of the company and see if that Avenue works, especially with the new board member coming on board who will be serving on the comp committee. One other option is to pressure Dr. Kelly directly and recommend he remove himself from the chairmanship to bring a more balanced approach to reviewing the company’s and executives performance.
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