[AusNOG] Hackett, Milne and Flanagan Appointed to NBN Co Board

[George Fong]

I don't think this thread is appropriate for this list. Having said that Graham, can I suggest that you should consider that there is a difference between power and influence. If a director is only there because of a vote, then he's been appointed for the wrong reasons.  I am glad Simon is there. Very glad.

Cheers
g.



On Tue, 2013-11-12 at 13:01 +0700, Grahame Lynch wrote:
Directors have little say over operational matters and he is a vote of one, if anything of direct conflict came up he would probably abstain from a vote.



On 12 November 2013 12:57, Joshua D'Alton <joshua at railgun.com.au<mailto:joshua at railgun.com.au>> wrote:
Not competitors really, but there may be situations where something might benefit iiNet more so than other NBN wholesalers, maybe, probably not.


On Tue, Nov 12, 2013 at 4:18 PM, Robert Hudson <hudrob at gmail.com<mailto:hudrob at gmail.com>> wrote:
iiNet and NBN aren't considered competitors AFAIK, so there'd be no conflict of interest in that sense.


I am sure that Simon's shareholding in iiNet is well documented, would have been thoroughly considered before he was offered a place on the NBNCo board, and he'd be careful to not let a conflict of interest arise (or would abstain from any vote on the board where a conflict of interest due to his ownership of shared in a company that may receive commercial benefit over any other by an NBNCo decision may be perceived).


This is a massive positive, it's one of the truly sensible appointments to the NBNCo board as far as I am concerned.


On 12 November 2013 12:59, Joshua D'Alton <joshua at railgun.com.au<mailto:joshua at railgun.com.au>> wrote:
not sure how resigning from iinet while maintaining a significant amount of shares isnt still a conflict of interest but frankly hackett is a solid bloke so if anyone could do it itd be him!

grats!




On Tue, Nov 12, 2013 at 12:31 PM, Bevan Slattery <bevan at slattery.net.au<mailto:bevan at slattery.net.au>> wrote:

FYI.  Great appointments to the Board. Outstanding in fact.


http://m.afr.com/p/technology/turnbull_appoints_telco_veterans_IyDzsXaVqE8UN4MTT6EptK


Cheers

[b]


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