[CWG] Call for Board of Directors Meeting - Impromptu

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Thadeus Laing
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[CWG] Call for Board of Directors Meeting - Impromptu

Post by Thadeus Laing »

I motion to start an impromptu meeting of the Board of Directors as the
bylaws allow. At least two of the three other directors - Benkern, Edgard II,
or Jacobus - must vote in favor of this motion for the meeting to begin.

Elijah Ayreon
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Re: [CWG] Call for Board of Directors Meeting - Impromptu

Post by Elijah Ayreon »

why can't you just get the shareholders' meeting done? goodness gracious me... you have no sense of responsibility
Elijah Ayreon-Dariolin of Waffle-Paine (no longer with us)

Ric.

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Vilhelm Benkern
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Re: [CWG] Call for Board of Directors Meeting - Impromptu

Post by Vilhelm Benkern »

I will take part in this meeting IF the other two directors besides myself vote in favour of this motion. But I think the current shareholders' meeting should be concluded before any other meetings are begun. Unless there are extenuating or emergency circumstances, in which case I invite the proposer to PM me privately if they are sensitive or post them publically if they are not.
Vilhelm Benkern DEOMI, Member of the Order of the Dragon, Silver Swan, Red Dragon
Dirigent of Musica, Count of Mar Sara
In Aryasht Prapta Vrteti, former Prince of Aryasht; Zaila Vrteti, Norfolknath
In Elwynn Benjamin Sebasokrator Timothy Quentin Kern, Duke of Raikoth
In Khalypsil Representative of the Wisdom

Thadeus Laing
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Re: [CWG] Call for Board of Directors Meeting - Impromptu

Post by Thadeus Laing »

I am coming up with a solution which I reveal soon.

Thadeus Laing
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Re: [CWG] Call for Board of Directors Meeting - Impromptu

Post by Thadeus Laing »

My solution is to join forces with my colleague Edgard II to form a peaceful takeover
of the company with our combined majority of shares, reduce the size of the Board
so that it is almost non-existant, and install a loyal associate of ours, to be determined,
probably someone with a military background who can "get the job done" and make the
shareholders happy by increasing profits and stock price, as Chairman, President and CEO,
and pay them quite comfortably, possibly 1000 SCUE a month plus a bonus tied to profitability.
Also I plan on increasing my stake by buying up even more shares and encourage others to do the same.

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Vilhelm Benkern
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Re: [CWG] Call for Board of Directors Meeting - Impromptu

Post by Vilhelm Benkern »

Will the Alexandrian Royal Family's re-engagement with CWG see a return to basing the company in their nation?
Vilhelm Benkern DEOMI, Member of the Order of the Dragon, Silver Swan, Red Dragon
Dirigent of Musica, Count of Mar Sara
In Aryasht Prapta Vrteti, former Prince of Aryasht; Zaila Vrteti, Norfolknath
In Elwynn Benjamin Sebasokrator Timothy Quentin Kern, Duke of Raikoth
In Khalypsil Representative of the Wisdom

Thadeus Laing
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Re: [CWG] Call for Board of Directors Meeting - Impromptu

Post by Thadeus Laing »

We are no longer pursuing Alexandrian participation -- they have indicated that they
wish to be merely a silent partner in the enterprise.

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Edgard II
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Re: [CWG] Call for Board of Directors Meeting - Impromptu

Post by Edgard II »

I vote in favor to begin this impromptu meeting.

Monty
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Re: [CWG] Call for Board of Directors Meeting - Impromptu

Post by Monty »

Yes, very silent partner Gilles
Lord Montague

Balarak Alaiaon, Duke of Elwynn, Unifier of the Severed Duchy, Sequestrer of Disharmony

Also operating as Jean Carmichael, Duke of Evreaux, Speaker of the Imperial Assembly.
Oh and Eli Naveh too, Chief of the Ashkenatzan Naval Staff.

In Battle; Unbeatable. In Victory; Unbearable.

Thadeus Laing
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Re: [CWG] Call for Board of Directors Meeting - Impromptu

Post by Thadeus Laing »

I am grateful for Edgard II's decision to participate in this meeting,
which came after several requests from me.

Since Vilhelm has stated that he will participate in this meeting if
two others do, then I consider this meeting to have begun.

Also, unless a majority are in opposition, I hereby take the role as Chair
of the Board and will be the facilitator of this meeting.

A MOTION TO CREATE A CEO SEARCH COMMITTEE

I motion to create a CEO Search Committee, Chaired by me and with Vilhelm Benkern as
the Vice-Chair and Edgard II also serving, which will search for, find, and, by vote of a majority,
hire, a new CEO to manage the business of the company on behalf of the Directors, as well
as set the CEO's salary and powers.

As a corollary to this motion I motion to empower all the Directors as individuals to
be able to conduct business on behalf of the Company with the exception of when overrode by
either a majority of the Directors or, the CEO (who himself/herself may also
be overrode by the majority of Directors), after one is hired; this is to allow business
continuity since we are without any formal management at this time.

Thadeus Laing
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Re: [CWG] Call for Board of Directors Meeting - Impromptu

Post by Thadeus Laing »

UPDATE:

I am pleased to report that CEO search committee is narrowing
the field of candidates. A selection will be announced soon.

EXECUTIVE CHAIR PROPOSAL:

Also I would like to announce my advice that the Board create,
or a majority of shareholders vote to create, a permanent Executive
Chair
position.

The Executive Chair would not only chair the Board of Directors, it would engage
in strategic and operational business management alongside
the new CEO, providing the Board of Directors an active voice in the
management of the company. The Executive Chair would also be
a special Director, not elected at each shareholder's meeting but
rather upon vacancy. The Executive Chair, like the CEO, would be
selected initially by either the Board or the Shareholders.

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Jacobus Loki
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Re: [CWG] Call for Board of Directors Meeting - Impromptu

Post by Jacobus Loki »

Hi.
Jacobus Loki

Once and Future King of the Ma'alanje
Prophet of Loki, Wielder of the Sword of Madness

Shireroth sumus. Tempus in parte nostrum est.

Thadeus Laing
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Re: [CWG] Call for Board of Directors Meeting - Impromptu

Post by Thadeus Laing »

Unfortunately, the Search Committee has not arrived at
a selection.


URGENT: Our ability to conduct business is very limited by not
having a CEO.

We must vote to let us, the members of the Board, conduct business
on behalf of the company as individual manager-directors, or else the
operation of the company will soon grind to a halt. A resolution:
The members of the Board of Directors of Commonwealth Global
hereby vote to make the current Directors of the Company General Managers
of the Company, with the area to engage in all aspects of business on behalf
of the company, such as signing contracts, recruiting new business partners,
investing in real estate, etc., except when they are overridden by a majority of
Directors.
I motion to vote on this proposal to make everyone a General Manager.
Is there a second?

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Edgard II
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Re: [CWG] Call for Board of Directors Meeting - Impromptu

Post by Edgard II »

I am grateful for Edgard II's decision to participate in this meeting,
which came after several requests from me.
OOC: In the middle of a massive move and a lot of life changes. RL takes priority, period.

I second the motion made, and I vote for myself as CEO and Mssr. Melang as General Manager.

Thadeus Laing
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Re: [CWG] Call for Board of Directors Meeting - Impromptu

Post by Thadeus Laing »

I vote YEA to make everyone a General Manager.

As for Edgard II as CEO, I vote YEA, but believe he should
only act as a figurehead due to
the fact that he cannot be 100% active due to IRL issues. Everyone
who is a general manager should have the right to engage
in business on behalf of the company.

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Jacobus Loki
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Re: [CWG] Call for Board of Directors Meeting - Impromptu

Post by Jacobus Loki »

Sorry for the delay, I was on the road, and hurt my arm. I'll try to catch up in the next couple of days.

I support Mr. Melang and Edgard's actions.
Jacobus Loki

Once and Future King of the Ma'alanje
Prophet of Loki, Wielder of the Sword of Madness

Shireroth sumus. Tempus in parte nostrum est.

Thadeus Laing
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Re: [CWG] Call for Board of Directors Meeting - Impromptu

Post by Thadeus Laing »

Edgard as CEO PASSED

Congratulations.

Now, Edgard and I have the right to conduct business now
and when an indication from Edgard or Benkern happens that
they approve of making all the board members a General Manager
they do as well officially--but I can just speed things up and declare
Jacobus and Benkern as Acting General Managers to grant them this
power in the meantime.

Thadeus Laing
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Re: [CWG] Call for Board of Directors Meeting - Impromptu

Post by Thadeus Laing »

I motion to adjourn this Board of Directors Meeting. Second?

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