Blockbuster Video Activist Presentation Deck
Fernandes has No Relevant Home Entertainment
Industry Experience
■
Fernandes has no operating experience in the video rental industry nor
in the broader home entertainment industry
BBI proxy statement claims "Mr. Fernandes brings technology
expertise to the Board through his executive management experience
at several technology-based companies, including EDS," a firm he left
over 12 years ago.
What good has Mr. Fernandes' 'technology expertise' done for BBI
stockholders who have watched the company lose significant market
share to competitors that outmaneuvered it using innovative
technologies such as DVD rental kiosks (Redbox) and streaming video
(Netflix)?
Any expertise Fernandes had in applied software from his EDS days
has clearly not translated into an ability to intelligently navigate the
home entertainment sector not to add value for BBI shareholders
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