Member Info for Borderer

Addicknt, I agree there are 2 plausible scenarios but my gut instinct tells me the second is more likely. I can't even give him the benefit of the doubt and say that naivety played a part. With that level of remuneration we are entitled to expect good judgement and expertise, not naivety. Throughout his tenure, he has not had a single material success but, in hindsight, has been disingenuous and deceptive. He and the BOD have failed to discharge their fiduciary duties by acting in our best interests - he deliberately perpetuated the myth of £1.50 per TCF, he failed to obtain a CPR, screwed up the seismic programme, and finally offers us this ludicrous deal as his valedictory. And I am sure there are other examples. My understanding is that failure to discharge a fiduciary duty is not a criminal offence but a civil one. Going down that route will be expensive and hard to prove but at the very least we need to get rid of him completely from Sound and ensure he is recognised for what he is. And finally, if he is being retained as a consultant, what are we paying for that?