Re: My guess is the CEO issue is related to Steinberg. If he was going to invest in the company he wanted to make sure he had a formal say in the process. He was only made officially the COB, recently. According to statements, I think he started sniffing around at this company around Nov of last year. This probably delayed the CEO search since he was looking to make a significant investment.
I agree. It's possible that Steinberg was sniffing aroud this company since last November. He's had a full year to poke among his contacts and decide who he'd like to see lead this company. This would remove Cole from the interview process, but it calls Steinberg into question for stalling on this major appointment. It seems to me that Steinberg had nobody in mind to lead this company while he was maneuvering for the COB slot. Kinda like playing 7-card stud without looking at your hole cards.
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