I see in the NY Post GVR Ewing will make some monstrous cash if a merger or sale go through, of course GVR while sending the company down the tubes and laying off people who have been forced to follow his directives is all SET.
How a board can allow for this setup to occur while a business they monitor is struggling is very hard to comprehend.
But in Dallas they had the model on TV, JR.
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GVR does have cattle, he rustles them up and sends them to sla-ghter as soon as his strategies and decision making cause the company to have bad results.
He would never buy a mirror when results are not going well, way to busy getting on his high horse and roping them steers.
Sooner or later the PE bigs and board will realize.
GVR Ewing is one of those cowboys who’s all hat and no cattle.
Should GVR Ewing be part of any discussions to sell the company? He will only be looking out for himself and his wallet. Any deal will look good to him.
Look at the bios of the board. No experience stands out. What’s the term? Lightweights - they must have been hired for that very reason.
The board actually tries to act like a real board. They have committees. They meet often. They try to govern. They’re just not any good.
The board matters zero..it's the private equity owners pulling the strings... They could care less. Except if their jobs are on chopping block