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He Said, She Said EBS non-executive director Ethna Tinney is seeking re-election to the board, but chairman Mark Moran says the board has lost confidence in her on account of poor performance and negative appraisals going back to 2004. Tinney says she's being pushed out because of her independent stances on corporate governance and fiscal matters, but her signature endorsing a 2004 appraisal of her "below average" performance as a director doesn't help her cause. Members visiting EBS branches are being encouraged with toffees to fill in proxies for the chairman.
Feeling bad? Blame Jean-Claude Trichet. A generous Budget and the SSIA bonanza should have us feeling pretty good, but yet another rate increase last month just about killed the buzz. Consumer confidence is at a threeyear low. It's not clear what was bothering people at the end of 2003 - inflation was just above 1% and house prices were soaring. Now inflation is pushing 5% and house prices seem to have stalled.
Drug jones Cork is going to have to wait an extra two years to get its pharmaceutical fix from Amgen after the US multinational delayed its plans to open its 820m plant there. Now it will be 2012 before the facility begins production - more than a little late for newly-redundant Pfizer and Motorola workers in the region.
Ahoy, Matey! EMI last week made a major concession to online music pirates - er, its customers - when it decided to sell digital music without any embedded anti-copying software. The change will allow listeners to play downloaded music files unhindered on the device of their choice.
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YOU ARE HERE: 11 November 2007 / tribune.ie / 2007 / 04 / 08
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