More scandalous director pay to deter investors
Outside shareholders are well down the list of priorities for a small loss-making company covered here, where directors have a big priority call on cash, and profits, whenever those might finally appear! Thankfully, other companies covered in our update here look more interesting and worthy of closer attention.
Superdry: appointmentsOur earlier Bonkers Bargain Superdry (LON:SDRY) confirmed the appointment of founder Julian Dunkerton as Chief Executive on a permanent basis, as well as appointment of former Nike executive Silvana Bonello as Chief Operating Officer. Superdry shares are up more than 70% since our first coverage in August, but there is plenty more to go for. You can read our updated note here. Silvana will be responsible for enhancing the effectiveness of Superdry’s end-to-end operations and planning processes, encompassing merchandising, logistics, IT, business transformation, sourcing processes and corporate strategy. Chairman Peter Williams is also stepping down in the new year having overseen the…