Dear Mr Bank Manager
We are currently engaged in a management succession process to identify the best candidates to lead us for the next five years. This year we are very excited to have more candidates than ever.
1) 5 of the 7 candidates have no plans to repay any of the existing debt currently owed to you.
2) 4 of the 7 candidates have no plans to reduce the rate of additional borrowing we require over the next five years.
3) Of the 3 candidates who do have a plan to reduce additional borrowing requirements, 1 includes the current management who missed their prior target by 50%, 1 is the previous management who were at the helm when our current financial difficulties occurred, and the remaining candidate has no experience running this organisation and believes exiting our largest commercial partnership agreement will resolve all issues.
I am sure you will agree that we are in a really fortunate position to have so many candidates to choose from and are looking forward to a conclusion in May. That being said it is possible that we decide a clear outcome is not in our best interests and following the succession process we will leave all the candidates to negotiate the management team for themselves.
Thanks again for your continuing support,
The British People.
If you would like to comment on this post, please click 'comments' below.
No comments:
Post a Comment