Forum Topics BEO BEO Management

Pinned straw:

Last edited one year ago

New CEO incoming after Wayne Arthur's resignation some weeks ago. The company also proposed to change its name to Beonic recently (which is worse than the current name and an unnecessary exercise in my view).

Given the abject performance over the past couple of years, Billy Tucker has a low bar to clear. Of course, he's being very generously compensated for the size of the company he is at the helm of - fixed rem alone is $440k p.a.

thunderhead
Added 6 months ago

I sold today to crystallise the tax loss, and offset gains elsewhere. Thankfully it was a tiny position that got even more insignificant with its terrible showing over my holding period.

One less company to worry about! Now watch it go to the moon, just because I finally took my medicine :)

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JPPicard
Added one year ago

Yeah saw his comp package. A little much in my opinion. I guess he'll be pressed to deliver the goods. Let's see how he goes. It's a tough gig in my opinion. ARR in that company has been nearly flat in the last 2 years.

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