The new ceo is not a board member. Pierre is still head of everything except writing the NI43 which he cant to do anyway. It is pierre signature that counts not the new guy. he cant release news but he can be quoted in news. A company can have a hundred subs it dont mean anything when it has no business and money and depends on the mother company for everything. Mining penny stocks often have subs for different propertys but they still depend on the mother company.