[HN Gopher] Nominet (.uk) EGM result: four directors have been r...
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Nominet (.uk) EGM result: four directors have been removed from the
board
Author : blibble
Score : 43 points
Date : 2021-03-22 21:35 UTC (1 hours ago)
(HTM) web link (www.nominet.uk)
(TXT) w3m dump (www.nominet.uk)
| mjw1007 wrote:
| Some earlier discussion here:
| https://news.ycombinator.com/item?id=26191570
| blibble wrote:
| (sorry it's not the page title but otherwise it's context-less)
|
| more context:
| https://www.theregister.com/2021/03/22/nominet_board_sacked/
|
| and https://publicbenefit.uk/
| M2Ys4U wrote:
| I'm unnerved that the vote was so close, but it's undoubtedly the
| right call. Thanks to all of the Nominet members who voted yes.
|
| Hopefully the remaining board members will appoint the two
| proposed interim directors and work can start on returning the
| organisation to its true public benefit roots.
| walrus01 wrote:
| That's astonishing the amount of compensation the board thought
| they could pay themselves. The technical and regulatory
| complexity of running a domain registrar do not warrant
| compensation of such absurd figures.
|
| People who have 20 years of experience running core routers and
| backbone operations at globe-spanning international transit and
| transport ISPs that have thousands of POPs don't get paid
| anywhere near that figure. The complexity of an ISP on the scale
| of Telia, Level3 or NTT is far beyond a top level domain
| operator.
|
| "Those supporting the vote are also unhappy at compensation paid
| to senior management. The website points to a 38 per cent drop in
| operating profit between 2016 and 2020, while at the same time
| the pay of the top three directors, who also sit on Nominet's
| board, jumped 70 per cent, from PS1m to PS1.7m total. Last year,
| Haworth received a 30 per cent pay rise, bringing his annual
| compensation to PS593,000."
|
| https://www.theregister.com/2021/01/31/nominet_board_vote/
| hinkley wrote:
| > Both points on the campaign website link to articles
| published by The Register in which we outlined how Haworth had
| theatrically shutdown the only means of independent
| communication between members - an online forum - while he was
| giving a speech at its annual general meeting, and how Haworth
| had accused us of peddling "fake news" when we reported on a
| flawed proposition to make millions of valuable .uk domains
| available to Nominet members instead of the general public (our
| article was entirely correct.)
|
| Oh, they mad.
| ljm wrote:
| It's disappointing that there'll be basically no real
| consequence for this for anyone involved.
|
| They got 70% over 4 years, this Haworth got 30% in the last
| year.
|
| They're just rotating one group of people who leeched out their
| worth to replace them with some others who will do the same.
| mjw1007 wrote:
| They didn't think they were in charge of running a domain
| registrar.
|
| They thought they were in charge of running a shiny business
| that was in the process of transforming away from being
| principally a domain registrar, in the name of growth. The CEO
| was a mergers and acquisition specialist.
|
| You can find their stated reasons for believing that growth was
| vital here: https://www.nominet.uk/the-case-for-growth/
|
| << Without growth, we can't innovate, and innovation is
| essential if we are to be ready for new technologies and
| emerging threats.
|
| Without growth and innovation, we can't keep our vital staff
| who connect more than 10 million .UK domains and maintain our
| service without disruption or downtime. >>
|
| I don't know whether they really believed these theories, or
| whether they really think of growth as an end in itself and
| were reaching for justifications, but the latter seems more
| likely to me.
| tinus_hn wrote:
| Their idea probably was that if the company wasn't going to
| grow, why would it need an expensive board member such as
| themselves?
| TheOtherHobbes wrote:
| It's not obvious it was conscious. It's an endemic problem in
| British business culture, and there are obvious rewards for
| conforming.
|
| People who do "growth" and "strategy" invariably seem to
| believe they're worth the big money, even if they're actually
| harming their organisations and lowering their effectiveness
| and survival prospects.
|
| If they're as good as they think they are they should have no
| trouble selling their innovation elsewhere.
| henvic wrote:
| Where they ever responsible for .io too?
|
| I hate how I paid for o1.io and their system failed on me. Poorly
| designed system, and they ignored my attempts to get support.
| Many weeks later they reverted my transaction with PayPal and
| eventually announced the domain was 10k pounds. Damn it!
| spzb wrote:
| > Where they ever responsible for .io too?
|
| Apparently not https://en.wikipedia.org/wiki/.io
| iSloth wrote:
| It was close, but the right decision.
|
| 53.5% turnout
|
| For 52.74% Against 47.26%
| dane-pgp wrote:
| ~ 52% to 48%. The cursed numbers!
|
| For those unfamiliar with the pareidolia / Baader-Meinhof
| phenomenon regarding that ratio, let me provide a few examples,
| from earliest to most recent:
|
| https://m.facebook.com/13312631635/posts/the-cursed-52-48-ra...
|
| https://old.reddit.com/r/LabourUK/comments/l6cgha/french_pre...
|
| https://old.reddit.com/r/ukpolitics/comments/lzcfo9/breaking...
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(page generated 2021-03-22 23:00 UTC)