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DewDiligence

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DewDiligence

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Re: DewDiligence post# 20330

Wednesday, 01/29/2020 5:39:03 PM

Wednesday, January 29, 2020 5:39:03 PM

Post# of 29408
CLB’s CEO is retiring, which is consistent with my musings on buyout vig in #msg-153050277.

From the 4Q19 PR:

David Demshur, after more than 25 years as Core Lab’s Chairman and Chief Executive Officer, a tenure rarely achieved in any industry, is announcing his plans to retire effective 31 December 2020. Mr. Demshur will transition from the roles of Chairman and Chief Executive Officer on 20 May 2020, coinciding with Core Lab’s Annual Shareholders’ Meeting. Mr. Demshur will not seek re-nomination to the Company’s Supervisory Board of Directors in 2020.

I’m not clear on what Demshur’s role will be between 5/21/20 and 12/31/20.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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