EGM Results

[dropcycle]

Results page is here

 

[rob]

Yup - key bit:

Each of the proposed changes was supported by over 90% of the member votes cast and so all resolutions were carried.

 

[foz]

90% is a good mandate.

 

[jasman]

Hardly a surprising result, given the way the voting power is concentrated into a few large registrars hands.

 

[rob]

Hardly a surprising result, given the way the voting power is concentrated into a few large registrars hands.

'ang on, wasnt the arguement that such power lays with all the members and that would have changed if this went through?!

 

[DarrenTSO]

Interesting reading this from 2008
Nominet critic wins boardroom seat • The Register

Chief executive Lesley Cowley also said that the existing board structure, together with low turnouts, makes Nominet "vulnerable to capture" by parties that might act in their own interests rather than those of the 3,000 members.

On the question of whether the board will again attempt to restructure how Nominet is governed, she added: "The governance is something that any board will be constantly looking at."

And this time they got it through under the pretence that the government could take control. So this has been on the cards since 2008 after the members rejected it last time, they just needed a reason to canvas and get people scared.

Another article relating to Angus Hanton's resignation

In his resignation letter he wrote: "The company is meant to be controlled by, and answerable to, its membership as well as having duties to the wider community. My firm impression is that some other directors would like to eliminate the membership's control of the organisation and are not committed to the company's not-for-profit objectives."

More stuff, this time relating to Davies' resignation.

Davies wrote that his primary objection to the management of Nominet arose from a cash bonus scheme for senior executives, approved by the board in October 2006. The Long-Term Incentive Plan (LTIP) will reward "eight or nine" executives, according to Gilbert, with a share from a bonus pool of £370,602. In his resignation letter Davies said he believed the figure was "obscene" in the current economic climate.

 

[Edwin]

Regardless of individual feelings, it's hard to argue with majority votes over 90% from 72% of eligible voters. Countries have been governed for centuries with MUCH less!