WT Ownership, The Board & Senior Management - MEGA Thread

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Mistymuzzle said:
and to answer your original question more directly, its a privately owned company and therefore the corporate structure and rules is at the proprietors whim notwithstanding Corporations Act and taxation requirements.
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That’s what I was wondering. So essentially, despite it being a legal requirement to hold an election for the Chairman position. How or when that takes place and to an extent is reported is entirely internally up to the company at question.
 
Needaname said:
That’s what I was wondering. So essentially, despite it being a legal requirement to hold an election for the Chairman position. How or when that takes place and to an extent is reported is entirely internally up to the company at question.
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I dont believe that there is any legal requirement to hold an election for Chairman. The board is appointed by the owners. They are not a publicly listed Company beholden to shareholders, they are only beholden to their owners.
 
innsaneink said:
Any idea when the reviews completed?

I wonder if it will be kept in house or released to the public...the former wouldnt surprise me

Tough if not impossible question I know
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Lee tweeted he’d give an update on the findings during next weeks Hadgo and Frens comedy hour sponsored by Bryden Lawyers on SEN next week.

Reading between the lines, the committee found she’s all good and it’ll be right mate.
 
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