Anyone else find this as a weird move? As if being the Corporate CFO is not enough responsibility, to add to it being the Aerojet President? Both roles are quite demanding so are we preparing for a new CFO after only a year?
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I believe this shows that both roles are not as demanding as they are made out to be.
Kubasik will be gone soon.
he will be the next ceo, has the background for it
He has people for that.
The board and investors probably realized they weren't doing much. Joking somewhat.
In reality, immediate cost savings move and also points to divestitures and reorgs. Kubasik is also on the hot seat, so they have multiple people in place for new acting CEO.