When a CEO and board fail: the ports and a three week strike

A CEO and board that take their operations into a three weeks' strike in support of the wholesale sacking of its workforce are morally and commercially bankrupt.
This is the inescapable conclusion to be drawn from the impasse imposed on the CEA negotiations by Mr Gibson as he seeks to meet his board's and Mayor Brown's ridiculous expectations of a 12% return on the asset. It is difficult to imagine a worse mess than the one created by management in the ports. I would be the first to agree that in some ways, MUNZ needs to take a hard look at some of st own internal issues, but in this case, MUNZ is the aggrieved party fair and square. Mr Gibson should be relieved of his position and the board be given a good shake-up by Mayor Brown.

And, as I have noted before, a failure on the part of Mayor Brown on this front will condemn him to the status of a one-term mayor.