Time to go29 Jan 2019 08:44
I have sat quietly whilst the current management team have eroded my holding from £200K to peanuts in two and have to now voice some major concerns. As an ex employee I have had dealing with the CEO and Im afraid to say that he has shown himself to be completely out of his depth and utterly incompetent. Time to step down and do everyone a favour , instant overnight saving of £400K .
I read with interest in the RNS once again that all the problems and challenges are "legacy" however you have to take accountability. If you cant retain staff then its easy to point the finger at external factors , however the fact is you have not listed to the SMT and allowed a lot of talent to exit . Replacing high value / margin energy services with insurance , what a joke . Appointing different auditors after being suspend last year , joke . Blaming late accounts this year on funding , again a joke.
Step down and take responsibility , go and retire before you do harm elsewhere