Private equity guy.
8 replies (most recent on top)
We keep coming back to this... backstab and climb up in the head of others... same behavior keeps going.
His comp package is very favorable if there is a change off control in next 18-24 months. Not a bad gig for two years to clip a few million on a sinking ship.
The new CFO worked with Andy Teich at FLIR, so I'm guessing he was handpicked. Based on the amount of control that Teich has now, wouldn't surprise me if he becomes the new Chairman at some point.
Nothing about this company is inspiring...not the leadership, the employees, the sales or the products. Also, the 2 year anniversary is coming up in October so it makes sense gramps gets brought in, plans then executes as soon as he can. A few months would give him enough time to find someone who would want any of this for pennies on the dollar
Neither of the recent hires seem very inspiring.
Ryder was installed by BCG. He was a temporary guy all along to pull in the permanent -for now- top leaders. You know the company can't materially change until after spin 2 yr anniversary. No quick sell off, they have to chop more before we're ready for market.
Nothing exciting about this guy
Starting to sell the parts. Just a matter of if it’s in restructuring and bankruptcy or as a public company. Rob Ryder not sticking around says a lot.