Kooly87
NRL Captain
- Jun 2, 2017
- 4,197
- 7,275
You're reading too much into his language. That sort of stuff is almost never the role of a board member in a publicly traded company. I'd be frankly stunned if anyone on the board was going to weigh in on it in any meaningful way. Lockyer as part of the R&R team probably, but that's not really relevant to his role as a board member.
It's more likely to be the Executive staff presenting the plan to the board to keep them abreast of it rather than asking pemission. If the CEO and his management are genuinely incapable of signing off on those deals themselves without board approval then we are not getting value for money out of our CEO and management and in a publcily listed company that is actually fairly serious.
