10y
I’m very sorry to read this view, both personally and for the company. On the points raised:
Lingo24’s history as a bootstrapped start-up meant the company was not in a position to pay market-leading salaries. Since we began professionalising the business and attracted significant investment for the next phase of growth, salaries and overall packages (including share options) have increased markedly and we are attracting more and more top talent. We have much, much stronger corporate governance and have a very experienced Senior Management team of nine professionals across all major functions. We also have market-leading proprietary technology, world class clients and a world class Chairman.
Regarding my role as CEO, I think there is some truth in what you say. My most recent review highlighted the need to channel feedback through our management structure, and to pay more attention to communicating sensitively, particularly to grassroots Lingo-ists. I think I’ve made some progress, but know there is some way to go. Our Global MD runs the business day to day now, and I am engaged in meeting with important clients and strategic partners, and making sure that our company evolves ahead of client requirements. I’m also charged with defining and communicating our vision internally and externally. Here’s hoping my increased focus on these areas, along with the appointment of a very gifted management team, are the right steps along the path to making Lingo24 an ever stronger company.