Industry term used to describe a company insider that makes a decision for their own self gain at the expense of shareholders.
Historically used to
reference the Canadian mining company Emerita Resources and the way the CEO misappropriated a land package to enrich himself and several insiders.
'So he dropped the land package for nothing and then gave it to himself later? He's such a Greedy Gower - he'll definitely get caught!'
'I can't believe he paid himself such a large bonus for such terrible share
performance - what a Greedy Gower!'
'How can
the company pay the CEO that kind of
outrageous salary? Oh - the executives all awarded themselves outlandish salaries - what a bunch of Greedy Gowers!'