I suppose the "shareholders will be very pleased by next years SHM" statement made at last years SHM is finally sinking in. No one wants to attend this year because management no longer has any credibility for what they spout off about at the meeting.
And then there's the whole issue of Clark's departure without a word. So far his replacement hasn't been much of an inspiration to anyone. I still believe Clark resigned on a Friday and left the company scrambling over the weekend to find someone, anyone, who would agree to step up so they could announce his replacement on Monday and make it appear this was all planned months in advance. Yes sir, I imagine there were many phone calls made that weekend in a desperate attempt to save face.
Yeah, sure... months in advance, but not enough time for Clark to prepare a few departing words? Who leaves next? Johnson? Phipps? Estrella? Is our new chairman going to take a position in the company with his own cash? That might inspire some confidence in the future direction of this company.
A shame for their stock of rose-colored glasses to go to waste. I suppose they can donate the unused bottled water to the homeless shelter and take a tax write off, not that it's needed.