It’s evident that a seasoned professional knew he is unable to save this company and the company’s performance is damaging his professional reputation . Changing hands is just delaying the inevitable. The replacement was a necessity and nothing more. Good luck guys.
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Dude took his $70 million salary and left.
@b9 Frank already blew up the bubble on his way out
Mike wasn’t going to cook the books like Frank. Now they will bring Franks junior cooker in and watch the stock rise to $300 lol
Probably just doesn't like dressing up for Duwali for a week straight in the office every year tbh. It's not for everyone.
How's that project elevate re--rdo sh-t working out
According to one article I read this morning, it appears Jana (activist investor) pushed for a board of directors change AND possibly removing Lyons.
He didn't leave on his own. If he did, he knew he was out not that long ago.
I think it's sh---y that one investor can oust someone without having other majority stake investors involved. Jana only owns 1% versus Black Rock at 7.4%
Agree