New submitter Grantbridge writes: On Monday, 740 members of .uk internet registry operator Nominet made the drastic decision to ditch five of its 11-strong board of directors, including the CEO and chairman, in a fierce rebuke of the company’s efforts to move from a non-profit organisation to a commercial one. Today, Nominet has an interim chair — one of the remaining non-executive directors — and no CEO. Two of its senior management — Eleanor Bradley and Ben Hill — were also removed from the board, and remain in their jobs at Nominet for the moment. The fifth board member to get the boot is non-executive director Jane Tozer MBE, OBE. And while the remainder of the board have said they “will be working on a strategic change in direction,” the reality is that they have all supported the CEO and chair’s action over the past five years, all unanimously opposed the vote, and in some cases were highly critical of the reasoning behind it. The vote was close. The 740 members in favor faced 632 opposing, resulting in a narrow five per cent margin of victory. Of those opposed, many acted on the former chair and CEO’s claims that a yes vote would be destabilizing for the organisation. That still might be the case.

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Source: Slashdot – Half of UK Internet Registry Operator Nominet’s Board, Including CEO and Chairman, Has Been Ditched