"Sure, he may be good behind the scenes with rescu
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Posted On: 11/03/2019 12:37:32 PM
Re: craigakess #10458
"Sure, he may be good behind the scenes with rescuing PRO140 and advancing mono, but that doesn't mean he's a good CEO. Don't conflate the two."
Not that anyone asked me, but I have to side with Trding on this one. I often hear on the other board, ad nauseum, that NP needs to go because we need a seasoned, experienced CEO. Sure, just like when Steve Jobs created Apple in his parents garage, and then hired a "seasoned, experienced" CEO, John Sculley, who was previously the CEO of Pepsi. Can't get more seasoned than that. And then Sculley proceeded to run Apple into the ground because he new how to run a company but didn't understand their product. And, of course, the BOD proceeded to bring Jobs back to get the company back on track. So replacing a CEO because they're not a seasoned CEO can do much more harm to a company and its shareholders, than good.
Not that anyone asked me, but I have to side with Trding on this one. I often hear on the other board, ad nauseum, that NP needs to go because we need a seasoned, experienced CEO. Sure, just like when Steve Jobs created Apple in his parents garage, and then hired a "seasoned, experienced" CEO, John Sculley, who was previously the CEO of Pepsi. Can't get more seasoned than that. And then Sculley proceeded to run Apple into the ground because he new how to run a company but didn't understand their product. And, of course, the BOD proceeded to bring Jobs back to get the company back on track. So replacing a CEO because they're not a seasoned CEO can do much more harm to a company and its shareholders, than good.
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My comments are just my opinions and should NOT be taken as investment advice.