On this crummy trading day I would like to offer a bit of speculation that would prove fantastic if it were to be true.
Recently I've seen several board members offer opinions as to who the new CEO will be, and today I offer my opinion. Thomas Staggs, who until yesterday was the COO of Disney.
http://www.nytimes.com/2016/04/05/business/me....html?_r=0
I realize that on its face the COO of one of the worlds largest company's is an unlikely choice for a penny trading tech company, but I think they are better matched than it initially seems. For example, Mr. Staggs left Disney after it became apparent that the Board was expanding their search for a future CEO, a role that he was largely considered a shoo in for. That seems to me like being the head of a company is a requirement for Mr. Staggs. Conveniently, we are in need of a CEO. Taking the top position at ntek would also allow Mr. Staggs an opportunity to build a small, relatively unknown company into a powerhouse brand, which is the kind of thing businessmen dream of.
His skill set and personal connections are almost tailor made to benefit ntek. As the COO of Disney he certainly would be able to make content deals with every major provider, seeing as he more likely than not has a personal relationship with the officers of several major media companies. His background in finance would render our need for a CFO mute for the time being, and the reputation he would bring would cause a deafening silence by the critics who call for audits to prove the financial legitimacy of the company.
Of course it would be expensive. However if Mr. Staggs were given a large equity stake in the company as compensation, he could very easily join the three comma club with the amount of growth he could bring.
Seeing as he is now in the job market, I think he would be an excellent fit for our future CEO.
Recently I've seen several board members offer opinions as to who the new CEO will be, and today I offer my opinion. Thomas Staggs, who until yesterday was the COO of Disney.
http://www.nytimes.com/2016/04/05/business/me....html?_r=0
I realize that on its face the COO of one of the worlds largest company's is an unlikely choice for a penny trading tech company, but I think they are better matched than it initially seems. For example, Mr. Staggs left Disney after it became apparent that the Board was expanding their search for a future CEO, a role that he was largely considered a shoo in for. That seems to me like being the head of a company is a requirement for Mr. Staggs. Conveniently, we are in need of a CEO. Taking the top position at ntek would also allow Mr. Staggs an opportunity to build a small, relatively unknown company into a powerhouse brand, which is the kind of thing businessmen dream of.
His skill set and personal connections are almost tailor made to benefit ntek. As the COO of Disney he certainly would be able to make content deals with every major provider, seeing as he more likely than not has a personal relationship with the officers of several major media companies. His background in finance would render our need for a CFO mute for the time being, and the reputation he would bring would cause a deafening silence by the critics who call for audits to prove the financial legitimacy of the company.
Of course it would be expensive. However if Mr. Staggs were given a large equity stake in the company as compensation, he could very easily join the three comma club with the amount of growth he could bring.
Seeing as he is now in the job market, I think he would be an excellent fit for our future CEO.
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