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Old Mar 6, 2014, 6:03 pm
  #168  
bensyd
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Originally Posted by Blackcloud
I am curious on who has the power to sack the Board and Executives that people have called out for sackings.
The shareholders. Either get enough shareholders together and request the company hold an extraordinary general meeting to spill the board and remove the CEO. Or, if >25% of shareholders reject the remuneration report over two years then the board is immediately spilled and up for re-election. Last year's voting of the remuneration report should give you some idea of how unlikely that is.

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