This line in the 8K is interesting....
Mr. Angold and the Company each have agreed not to disparage the other
If that line is in there I am thinking this isn't a completely friendly breakup. It may not be hostile be it sounds like there was a difference in opinion somewhere.
This seems to have been in the works for a while, looking back at recent moves.
Either way, I don't think the PPS reaction on Monday will be positive. Russ was a huge part of the company getting to where it is. When you watched videos and new clips, his was the face you saw out front. He always seemed professional, knowledgeable confident and driven to the success of the company. When info came out it was either Mr. Angold or Mr. Looby you saw. Now it looks as though Mr. Looby is taking over that role solely.
Just another development to follow and do some digging into. I would be curious to follow where Mr. Angold moves on to from here.
I wish him the best.