Collingwood board meltdown gameday thread

Remove this Banner Ad

Billys Back

Cancelled
Feb 5, 2020
2,429
3,211
AFL Club
Collingwood
I've voted many many times in North board elections.
I assume that would be to re-elect board members. If so that is fair enough.

An existing board should decide on bringing on new board members. Not club members. That is prudent and is why it happens in the corporate world. Makes little sense to have shareholders or club members to decide who should be a board member when they are not in a position to understand how the board can work effectively or the complimentary skillset required.

Collingwood's biggest issue was having a President for over 10 years. Good governance suggests a president should have a maximum term. Otherwise, particularly when it comes to a member based club, you have a situation whereby he/she treats it like it's theirs. Eddie got himself involved in areas of the club a president should not have.
 

SimpkinByTheDockOfTheBay

Seasoned Football Analyst
Aug 21, 2018
20,846
50,749
AFL Club
North Melbourne
I assume that would be to re-elect board members. If so that is fair enough.

An existing board should decide on bringing on new board members. Not club members. That is prudent and is why it happens in the corporate world. Makes little sense to have shareholders or club members to decide who should be a board member when they are not in a position to understand how the board can work effectively or the complimentary skillset required.

Collingwood's biggest issue was having a President for over 10 years. Good governance suggests a president should have a maximum term. Otherwise, particularly when it comes to a member based club, you have a situation whereby he/she treats it like it's theirs. Eddie got himself involved in areas of the club a president should not have.
Electing new members and re-electing old ones.

There's a nominations committee too.
 

Log in to remove this ad.

76woodenspooners

Brownlow Medallist
Jun 4, 2011
19,472
29,268
Sydney
AFL Club
Collingwood

The 747

Brownlow Medallist
Jan 19, 2008
21,458
25,304
Melbourne
AFL Club
Geelong
I assume that would be to re-elect board members. If so that is fair enough.

An existing board should decide on bringing on new board members. Not club members. That is prudent and is why it happens in the corporate world. Makes little sense to have shareholders or club members to decide who should be a board member when they are not in a position to understand how the board can work effectively or the complimentary skillset required.
Ahem the shareholders a) own the company and b) they literally decide who is a board member by voting.
 

Geoff Dickson

Senior List
Sep 25, 2004
152
140
Auckland
I assume that would be to re-elect board members. If so that is fair enough.

An existing board should decide on bringing on new board members. Not club members. That is prudent and is why it happens in the corporate world. Makes little sense to have shareholders or club members to decide who should be a board member when they are not in a position to understand how the board can work effectively or the complimentary skillset required.
Really? Maybe in privately owned businesses, which is not a good benchmark for football clubs.

What publicly listed company in Australia does not allow the shareholders to elect the directors?
 

Juddernaut08

Norm Smith Medallist
Nov 8, 2007
9,201
12,256
Melbourne
AFL Club
Carlton
Maybe the wrong spot but Nick Daicos just looks incredible. Really annoying the Pies will get him.

His highlights reel looks like Dusty 2017. Just completely dominant and almost disrespectful to opponents.

Will be the Pies best player within 24 months.
 

WinstonWolfe

Cancelled
Sep 23, 2021
245
265
AFL Club
Collingwood
Really? Maybe in privately owned businesses, which is not a good benchmark for football clubs.

What publicly listed company in Australia does not allow the shareholders to elect the directors?
That's actually incorrect. In publicly listed companies, shareholders can only re-elect a director. The board will initially bring in a new director.
 

10571z

Brownlow Medallist
Aug 23, 2006
12,023
12,913
Christmas Hills
AFL Club
Collingwood
Maybe the wrong spot but Nick Daicos just looks incredible. Really annoying the Pies will get him.

His highlights reel looks like Dusty 2017. Just completely dominant and almost disrespectful to opponents.

Will be the Pies best player within 24 months.
Maybe but different sorry among men. Let’s hope
 

Geoff Dickson

Senior List
Sep 25, 2004
152
140
Auckland
So how s
That's actually incorrect. In publicly listed companies, shareholders can only re-elect a director. The board will initially bring in a new director.
So if you are correct, does this mean that a new director of a publicly listed company is never elected by the shareholders?

So what does 9.6 of the attached constitution mean/allow?

And then there is this from the Nine Entertainment constitution;

26.11 Nomination by Members A Member may nominate any person (including a Director who is retiring by rotation) as Director by providing notice to the Company no less than 35 Business Days (or, in the case of a general meeting requested by Members, no less than 30 Business Days) before the date of a general meeting at which Directors will be elected.

Hw do I reconcile these clauses with your statement that 'shareholders can only re-elect a director'?
 

(Log in to remove this ad.)

Remove this Banner Ad

Remove this Banner Ad