Delaware corporation law does not prohibit Dual leadership. Conflict of interest can be mitigated by transparency which i think Seamus has been. He just filed 10k for RNVA and has been on-time with any foxo paper work.
Delaware corporation law does not prohibit Dual leadership. Conflict of interest can be mitigated by transparency which i think Seamus has been. He just filed 10k for RNVA and has been on-time with any foxo paper work.
For shareholders it's not as both companies businesses are in the field of competition.
How can he prioritize the interests of one company over the other. He could favor one Company over the other, use information from one to gain an unfair advantage over the other. Let me be clear not saying he is, but it's not a healthy situation.