Lokes - by law isn't the CEO of a company the person who has the last say in what goes down? If so then she must be an employee of the company, correct? And if she is an employee of the company shouldn't the position have been advertised for a Bermudian?

Regardless it's totally obvious as to just what Brown's intentions were. Avoid going through the proper channels. Who knows, maybe Arthur Tucker would have applied for the job.

You may be right UE.

SG... As a general rule your assessment is correct, but if the decision is big enough, the board of directors will want a say, and they could override the CEO.  In essence he reports to them.

Regarding the Brown/Darrell thing... if I'm not mistaken the Consulting CEO referred to is none other than Ew-Rat's wife.  As such the position WOULD NOT need to be advertised.

LP

Thanks Lewis. It has been my understanding that one does not need to advertise for "Consultants" per se. Is this true?

If she is the wife of a Bermudian and can therefore hold the position of CEO without having to advertise then thats fine. However just by the title of Consultant CEO it would lead one to believe that either there is another CEO, which I have a hard time understanding is possible, or she will not be actually spending her full time in the role of running the company. If that's the case then not only is the island getting landed with an enterprise that has now been put into serious question as to whether the island can support it or should even allow it but the fact is that it's being run by a part-timer.

Ahhh... the old avoid paying your taxes by creating a phony title thing. Why can't they just do it the old fashioned way and pay a low salary with a big fat dividend?

No, a company's directors (and a CEO is not ordinarily a director) have ultimate power. Regardless, you can give someone pretty much any job title you want, even one that's completely misleading (look at the number of 'Vice-Presidents' in the corporate world today. I swear to God they're going to start calling officer cleaners 'Executive Vice-President for Waste Management').


Either way, it doesn't matter: she'd need a work permit to be an employee of the company, or a work permit to be a self-employed consultant.

That said, she's a spouse of a Bermudian anyway.

Since I am not up to date on the subject, I will say one thing though. I thinks what your saying makes sense Lokes.

Only thing I disagree with is the "tits-up?" part. Your way off line with that one. In fact um gunna kaul yoo horn det vun......Was it it ...in-situ....gotta run........?

Aulmost fargut. Loowy has promoted me to CEO of Vayste Menhadgment horn Rebbit Eyeland. Detz rite.......gatt rehad uv dee rummies............

Gotta run........nuffin lyke ah rummy bunny.......hmmmm....nawar no.......