Agree.
It's the one thing I'm opposed against so far from the new ownership. I just don't see what the role is. Would the DoF choose players to buy? If so, what if the manager disagrees with those choices? Does the DoF deal with contracts and wages etc? If so, couldn't the CEO deal with that? I don't think any manager gets involved with contracts at all anyway.
The manager should deal with all on pitch aspects of the club. That includes which players to sign. I can't see how a DoF can get involved in that.
Edit: To me, a DoF is like a manager for the manager, and a good manager doesn't need managing. Does that make sense?
Markus, if you're reading this, I say NO!