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well, if they want their latest 'rewards' then they will need to pull their fingers out as they need the sp up over 9p I think it is for the next month or more. Not quite sure if I've got that correct though.
Bakky - its certainly a team that should be smashing it out the park as a minimum, and I'm not sure that claim would go down well with a few here. And yet - global stock markets cratered today and we nudged a blue day. Funny old world...SB
yes SB, where I come from (not too far from where SJL used to live in the UK) It's called taking the p**s.
thing is, was it their decision or did it come from elsewhere? Toby only got the gig because powerful s/h ousted the other clowns. Whilst it might be good for us s/h rgds what SJL said, I wouldn't have wanted to employ a couple of people knowing they were easily capable of taking my place/job. Just a thought!
SJL
Good to get your thoughts. I've just refreshed myself on our senior management team.
Firstly - its big. 10 heavy hitters with big job titles (Toby, Michael, Vaughn, Ben, Deep, Sheri, Len, Christa, Yuling, Casper). For a business working with registrars to sell our inventory we sure have an abundance of officers, managers, presidents and directors involved in the sales process. Plus Daniel Schindler as a Special Adviser. Is this level normal?
Secondly - Michael Salazar is our COO and Chief Financial Officer. But apparently we've just appointed a COO (Ben) and Chief Revenue Officer (Vaughn). This sounds like there may be more to these appointments than meets the eye....but certainly an issue which should be clarified. SB
Silver,
Fair points although I would say as follows and I preface this with these are just my opinions not based on any direct knowledge on the ground so to speak.
Vaughn is a very solid performer. I have known him for over 30 years since we traded an NEC fax machine from the boot of my XJS at Sandbach services on the M6 in 1988 ;-) He worked for me for several years and was, in fact sales director at ICM at Launch in 2011... His remuneration will be largely performance based I would guess.
Ben worked for many year aCSCone of the major white glove brand protection RARS and will know intimately how the Uniregistry back end works.
I had expected that the ex ICM COO Tony Farrow would migrate into that role at MMX but clearly that didn't work out and im glad to see they have appointed a new person.
I think for us as shareholders this is a good thing as I bolsters senior management, Im sure with other staff losses elsewhere this won't be a nett increase in OH. Also it gives us safety that in the vent that the exec directors left or had to be removed it isn't only their hands that know how to work the levers of the business. Too much operational expertise resting solely in the hands of not large stockholding directors never rests easy with me, so these appointments fives me extra comfort.
I applaud Toby and Michael for making them.
well they can clear up any queries with a bloody RNS can't they .. don't hold yer breath!!
These appear to be a number 2 to Toby and a number 2 to Michael. Are we really operating at a scale where we need such additional senior positions in the business? Appreciate your view SJL they are good people - but that's probably added another $500k in overheads? As you say bakky, is there more going on the background we don't see. SB
do we really need these people? Just a lot more expense! What is Toby doing for his wedge anyway? Or is there a bigger picture opening up soon? hmmm!
My inbox lit up yesterday with News that both Vaughn Liley and Ben Andersen had both left Uniregistry and joined MMX as chief Revenue officer ( sales ) and COO respectively .
This is public information on their LinkedIn pages .
I know respect and like both individuals so I see this a a good move by MMX .
Best of luck to all parties .