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Industry term used to describe a company insider that makes a decision for their own self gain at the expense of shareholders.
Historically used to reference the Canadian mining company Emerita Resources and the way the CEO misappropriated a land package to enrich himself and several insiders.
'So he dropped the land package for nothing and then gave it to himself later? He's such a Greedy Gower - he'll definitely get caught!'
'I can't believe he paid himself such a large bonus for such terrible share performance - what a Greedy Gower!'
'How can the company pay the CEO that kind of outrageous salary? Oh - the executives all awarded themselves outlandish salaries - what a bunch of Greedy Gowers!'
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Industry term referring to a corporate executive that takes care of themselves at the expense of shareholders.
"How could the board approve such large bonuses considering the poor performance of the company? What a bunch of greedy gowers"
"The CEO awarded the company's assets to himself after pretending they were worthless - what a greedy gower!"
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Industry term used to describe a company insider that makes a decision for their own self gain at the expense of shareholders.
Historically used to reference the Canadian mining company Emerita Resources and the way the CEO misappropriated a land package to enrich himself and several insiders.
'So he dropped the land package for nothing and then gave it to himself later? He's such a Greedy Gower - he'll definitely get caught!'
'I can't believe he paid himself such a large bonus for such terrible share performance - what a Greedy Gower!'
'How can the company pay the CEO that kind of outrageous salary? Oh - the executives all awarded themselves outlandish salaries - what a bunch of Greedy Gowers!'
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Refers to CEO of Emerita Resources David Gower who reallocated a land package owned by shareholders, dropped it for free, and gave it to another company run by his son-in-law. Selfishly doing so for his and his family's own gain at the expense of shareholders.
'Don't trust that management team, they're a bunch of greedy gowers just out to award themselves large bonuses'
A term used to describe a company insider that has enriched themselves at the expense of shareholders. Often, it is done through crafty lawyers and legal work to try to insulate themselves from being caught, or to create credible excuses upon further investigation. Can be used to label company insiders committing embezzlement, fraud, or violating their fiduciary responsibilities. Originated in reference to the CEO of junior mining company Emerita Resources who 'gifted' himself a land package for free at the expense of all other shareholders.
How come the CEO ended up with shares in that new spinoff that the company dropped for no compensation to existing shareholders? What a greedy gower!
That CEO is being a greedy gower by paying himself such a high salary given the stocks poor performance
No wonder he/she doesn't want to make any public appearances and is only reading from scripted statements - he/she is a greedy gower and knows people are pissed!
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