HIGH noon beckons in the EBS board of directors’ shootout. How should we vote?
Let me break the habit of a lifetime. And be a bit balanced.
Now for my first effort at balance: Fergus Murphy, the new kid on the block at the EBS could be a breath of fresh air. There are signs that Fergus may be opening up Fortress EBS.
For a second bit of balance: not all six candidates recommended for election by EBS chairman Mark Moran are unsuitable for office; one or two are even blessed with talent.
Better still, not all of them voted for the departed boss Ted McGovern’s outrageous €1.9m pay-off last year. Some of them did. Others were, happily, not yet on the board.
Remember Ted’s shock parting package, as revealed in the Sunday Independent? It is a shameful monument to Mark Moran’s regime, a mockery of the members.
Unfortunately, the EBS ringmaster, Mark himself, will not seek re-election this year. We will have to wait until 2009 for that spicy little contest.
Enough of balance for now. Down to business. You ought to have received your EBS ballot. It should be returned in good time for the AGM on April 14.