The CEO is responsible for leading the development and execution of the company's long term strategy with a view to creating shareholder value. The CEO also communicates on behalf of the company to shareholders, employees, government authorities, other stakeholders and the public.
So Frazier is ignorant of Clayton's responsibility. And Clayton is providing zero communication to shareholders. Keystone Cops.
Welcome to amateur hour. This is Business School 101. I'd sure like to know what they are teaching MBA's at Oklahoma Baptist.
Time to come out from behind the desk.
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