The company's leadership was also a matter of debate, with Steinmetz insisting he holds merely an advisory role, drawing a fee of up to $1m a year, and saying: “My power is very limited.” Steinmetz's right hand man, Dag Cramer, denied he was the CEO of BSGR “in a traditional sense”. Instead, his company, Onyx, provided “the services that a CEO would provide in a company if you had [a] traditional structure”. Cramer said this arrangement, far from being “obtuse and evasive”, was a “common structure”.
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