Tiger Karen
Well-known member
He was answerable to the board, he reported to them first and foremost.I can’t embrace this idea that the CEO serves at the pleasure of the board. Pretty sure you make some serious claims and commitments when you interview to land a CEO role, you’re not going in there to make the Board’s coffee. Early on he called himself the boss and he talked the talk about fixing recruitment. He tried, he failed miserably.
They are empowered to direct him to do their bidding.
He couldn’t just do anything he wants, it just doesn’t work like that. That does not fit a corporate governance model.
He could recommend things to them, that they may or may not adopt.
He used their authority to make decisions and send them down the line to be implemented.
That’s why Lee was asked about Pascoes tenure into 2024 by the journalist before he was himself sacked.
Pascoe wasn’t asked whether he was going to sack himself!
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