homer
Well-Known Member
Davies isn't profiting out of his original investment. No dividends have been paid to shareholders.
He didn't appoint himself to the job and he doesn't decide how much he pays himself. I don't know if he's doing a good job or not - the board is in a much better position to know this, and they have the power to remove him, so I can only assume they think he's doing a good job.
Either that, or it's too expensive/complicated to remove him