Collingwood Board: Christine Holgate thrown under a Bus?

[Lazza]

Is there any reason why you need to be a millionaire to be in charge of decisions related to money?

Without getting into the semantics of this particular issue, do you honestly believe a penniless pauper should be in charge of decisions related to money?

[Lazza]

Is there any reason why you need to be a millionaire to be in charge of decisions related to money?

Without getting into the semantics of this particular issue, do you honestly believe a penniless pauper should be in charge of decisions related to money?

[5 from the wing on debut]

Is there any reason why you need to be a millionaire to be in charge of decisions related to money?

Without getting into the semantics of this particular issue, do you honestly believe a penniless pauper should be in charge of decisions related to money?

Lazza,
You need to work on your cutting and pasting.
I didn’t say that.

[Lazza]

[K]

...
Without getting into the semantics of this particular issue, do you honestly believe a penniless pauper should be in charge of decisions related to money?

It was David's quote. I don't think he was saying a "penniless pauper" should be in charge of money decisions.

[K]

... She's taken a massive pay cut from Blackmores to repair the damage of her predecessor who was on twice her salary. Now she'll walk away and leave it to the politicians to claim their lavish travel expenses which few of us query.

...
Did she actually take a pay cut from Blackmores as you assert?

Yes, it was a reduction in salary, off the top of my head from about $2.8 million a year to 2-point-something-a bit-less-than-eight million dollars a year or possibly something a bit more than $2.8M to $2.8M.

Who knows why she did that? [But look at the update below. It certainly does not look like a "massive" pay cut, if it's any pay cut at all.] I doubt it was out of charity. And this becomes like arguing about AFL contracts, base rates, length of contract, bonuses, desire to play in a premiership team, etc., etc.

As for MBFC's "politicians to claim lavish travel expenses which few of us query", I think the media does query them. Sometimes enough that the polly has to pay back the expense. And we can hardly query them in Nick's GD unless those pollies are also Collingwood board members.


Update:

Salary at Blackmores: $872,325 base, plus the same in "short-term" bonuses, plus potential $1.8 million "long-term" bonuses. Her 2016 salary with bonuses and super was about $2.8 million.

Salary at Aus. Post: $1.4 million base plus $1.4 million bonus.

[K]

Maybe I just don't understand how this stuff works, but what if, instead of being run by all these mega-rich corporate losers, the board were filled by ... you know, ordinary people who are passionate about the club and want it to succeed? Is there any reason why you need to be a millionaire to be in charge of decisions related to money?

Ordinary people don’t have the contacts to obtain corporate sponsorship.

This argument is used a lot on this board and it's possible, but which of our major sponsorships (Holden, Emirates, CGU, La Trobe Financial) relied on Eddie's or Holgate's personal contacts? I'd guess none. Those sponsors just wanted to be involved in AFL. Emirates sponsors zillions of sports clubs around the globe and wanted to do so in Australia too.

And after one of Eddie's gaffes, Holden threatened to withdraw their sponsorship.

[K]

"It was Christmas 2017, not long after Holgate was appointed, when her eccentricities first fully came to light to the wider workforce.

Many long-time staff, from administration to HR, were volunteering at the Tullamarine parcels centre to help shift the backlog. While working a day shift herself, Holgate called a staff meeting to introduce a reincarnated Buddhist Monk she'd met on a personal wellbeing retreat.

The purpose of the introduction, a former employee recalled this week, was to have him bless the parcel processing centre and anyone who thought they'd like one too.

Those there still revel in telling the tale, mainly because they found it bizarre and uncomfortable. Holgate, however, likes to use it as an example of her modern, progressive leadership style.

It led to many experienced operators within the business doubting she was cut out for a role that inevitably comes with a sharp political edge. Over time, many of them would leave in acrimonious circumstances."


https://www.smh.com.au/politics/federal ... 5682o.html

[5 from the wing on debut]

"It was Christmas 2017, not long after Holgate was appointed, when her eccentricities first fully came to light to the wider workforce.

Many long-time staff, from administration to HR, were volunteering at the Tullamarine parcels centre to help shift the backlog. While working a day shift herself, Holgate called a staff meeting to introduce a reincarnated Buddhist Monk she'd met on a personal wellbeing retreat.

The purpose of the introduction, a former employee recalled this week, was to have him bless the parcel processing centre and anyone who thought they'd like one too.

Those there still revel in telling the tale, mainly because they found it bizarre and uncomfortable. Holgate, however, likes to use it as an example of her modern, progressive leadership style.

It led to many experienced operators within the business doubting she was cut out for a role that inevitably comes with a sharp political edge. Over time, many of them would leave in acrimonious circumstances."


https://www.smh.com.au/politics/federal ... 5682o.html

Gee, next thing we will be seeing indigenous smoking ceremonies before matches!

[Magpietothemax]

Maybe I just don't understand how this stuff works, but what if, instead of being run by all these mega-rich corporate losers, the board were filled by ... you know, ordinary people who are passionate about the club and want it to succeed? Is there any reason why you need to be a millionaire to be in charge of decisions related to money?

Yep. As Hegel said, all that is real becomes unreal. What was rational, becomes irrational. Eddie MacGuire once propelled us forward; now he, and all the corporate cronies he attracts,such as Holgate, have become irrational, and an impediment to our future success on the field.

[Lone Ranger]

If it was $3000 each in money, no=one would have batted an eye lid.
The optics however of "Cartier" watches makes her look out of touch no matter how reasonable it is.
With Post performing so poorly under Covid (not totally unexpected), and the state of businesses in general, it would seem obvious not to give bonuses at this time. To do so was misreading the room. To make it Cartier watches was just horrible, horrible optics and suggests she it totally out of touch.

[RudeBoy]

Handing out Cartier watches during a pandemic was clearly a case of bad timing.

[What'sinaname]

If it was $3000 each in money, no=one would have batted an eye lid.
The optics however of "Cartier" watches makes her look out of touch no matter how reasonable it is.
With Post performing so poorly under Covid (not totally unexpected), and the state of businesses in general, it would seem obvious not to give bonuses at this time. To do so was misreading the room. To make it Cartier watches was just horrible, horrible optics and suggests she it totally out of touch.

Watches were given out pre-COVID. What's out of touch is her inability to comprehend what a Government owned entity is, thinking it's private sector.

And she's on our Board. No idea and no clue, but an obvious yes-man for Eddie.

[MatthewBoydFanClub]

If it was $3000 each in money, no=one would have batted an eye lid.
The optics however of "Cartier" watches makes her look out of touch no matter how reasonable it is.
With Post performing so poorly under Covid (not totally unexpected), and the state of businesses in general, it would seem obvious not to give bonuses at this time. To do so was misreading the room. To make it Cartier watches was just horrible, horrible optics and suggests she it totally out of touch.

Watches were given out pre-COVID. What's out of touch is her inability to comprehend what a Government owned entity is, thinking it's private sector.

And she's on our Board. No idea and no clue, but an obvious yes-man for Eddie.

Typical sexist comment. She's made hundreds of millions of dollars for Blackmores but you're saying she couldn't do it without Eddie.

[What'sinaname]

If it was $3000 each in money, no=one would have batted an eye lid.
The optics however of "Cartier" watches makes her look out of touch no matter how reasonable it is.
With Post performing so poorly under Covid (not totally unexpected), and the state of businesses in general, it would seem obvious not to give bonuses at this time. To do so was misreading the room. To make it Cartier watches was just horrible, horrible optics and suggests she it totally out of touch.

Watches were given out pre-COVID. What's out of touch is her inability to comprehend what a Government owned entity is, thinking it's private sector.

And she's on our Board. No idea and no clue, but an obvious yes-man for Eddie.

Typical sexist comment. She's made hundreds of millions of dollars for Blackmores but you're saying she couldn't do it without Eddie.

The fact that you inferred gender into this makes you the sexist. I'm calling her out for being out of touch and having no idea or clue about why it is wrong to use public money to buy watches. I don't care if she is female, male, martian, orange, green, purple, reptilian, Vulcan. She is out of touch. Wearing a 20,000 watch and flaunting wealth to a senate enquiry proves that point.