The article “Does Chaos Reign At auDA?” published on Domainer two days ago has received some interesting feedback.
None more so than yesterday morning when I took a call from the ex-Chair of auDA Chris Leptos who had obviously read the article. He wanted to set the record straight on one matter I had referred to in my article. It was not an “off the record discussion”.
Now I have absolutely no love for the man. In my opinion and experience, he thrives on being an autocratic corporate warrior with little regard for those he considers inferior (for whatever reasons). He plays the “game” hard, and takes no prisoners.
That said, this was the essence of our conversation:
- He said that most of the things I suggested he could not comment on (due to Boardroom confidentiality);
- But he thought he should tell me factually one issue – he did not get a payout; and it’s not appropriate for Directors to get a payout;
- When he resigned – “for whatever reason” – there was no cash or non-cash contribution sought or offered;
- I then said that to the outside observer looking in, it does all seem very strange. The Minutes hint at something, but you can’t ascertain any facts.
- He said that “it is very strange; and there are issues there; but I just can’t talk about it. And I never would. But you know, more strength to your arm – keep going!”.
My Summation / Opinion
Based on what I consider fairly reputable inside information, it appears to me that the simmering stoush between Leptos and Cameron Boardman (who was CEO at the time) came to a head at the Board Meeting on Monday 17th June 2019 .
As is his way, Leptos raised certain historic issues about Boardman (these had been in his locker for some time, and many of the Directors were aware of them). A majority of Directors (not the Independents) sided with Boardman, and Leptos immediately exited the building, and resigned by email later that day. Erhan Karabardak took control of the rest of the meeting.
It seems obvious to me that “damage control” was then the order of business over the next couple of weeks. Boardman had to go, but he played hard-ball according to my sources. He went on “gardening leave” (again), and a settlement was reached. The auDA Board then “reluctantly” accepted his resignation.
If my summary is wrong or incorrect in any way, I invite any person (or auDA) to correct the record. I also again invite auDA to formally respond to the questions raised in the original article.
Ned O’Meara – 28th