Corporate governance 101

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seeingeye

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Corporate governance 101

posted on Sep 17, 2013 04:32PM

In the real buisness world(not the monkey buisness world) when an overwelming majority of shareholders express a lack of confidence in the CEO at an AGM the following is de rigor.

The chair would accept the lack of confidence and appoint an interim CEO until a satisfactory repalcement is found.

Why did this not occur??? I think the speculation presented many times here contains the answere.

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