Posts

Showing posts with the label renumeration

Norwegian moving at a snails pace, even at boardroom level

The boardroom changes planned for Norwegian seems small compared to that the entire ownership structure have changed since the current board was chosen. Only 2 representatives from leasing companies that now owns a very large part of the airline. And only 1 other new board member. That is shockingly lazy work from the consultants hired in to assist in the process. But maybe not so unexpected since the same people where responsible for finding the new management just being put into action at the company. For an airline with only 8 planes flying they on the other hand certainly  have decided to reward the board handsomely for the coming year. One would hope the planned reduction from 3 to 2 weeks for notifications of emergency general meetings is a sign that other changes are planned in the near future by some of the soon to be elected members of either the board or the selection committee. Changes are needed, and quickly before the current management squanders on a hibernation mode