Tuesday, July 27, 2010 2:17:22 PM
because they promote from within and usually the person coming on has been with the company for years..If a company goes with an interim CEO while looking for a new replacement it can take a long time..I have been with several large cap companies that have replaced CEO's and I know the proceedure well..Sorry..you are wrong..A company doesn't throw a new CEO not already an employee with the company into the fire before making sure that the new CEO knows everything there is to know about the company from the ground up..I would not want it any other way..I am guessing that the new CEO will have a tie in with the industry..with the experience needed to move the company forward quickly..It would be great if they could pull someone out of retirement that has been there and done that..Off to work..Have a great day...veno
To each their own..do your own DD..and the longs win here..All others are non shareholders or flippers..
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