Bremworth board upheaval
Listed carpet maker Bremworth has been rocked by a call from some shareholders for a board revamp.
What is Rob ‘I don’t’ care where, as long as I’m chair’ Hewett and his handpicked bunch of acolytes actually up to on the heavily government- and industry-funded Wool Impact Group (WIG)?
The sudden resignation last month of WIG chair Mike Allen poses further questions.
It seems like a lot of money has been wasted on expensive consultants producing reports, but with bugger all else achieved.
Meanwhile, as the consultants and various board members collect their fees, strong wool growers continue to lose money hand over fist and the sector continues to go down the gurgler, while Rob’s mob continue to twiddle their thumbs and spin yarns (pun intended) about all the wonderful things they are supposedly doing.
