News: KKL Kollakorn Corporation says David Matthews has accepted position of CEO, page-18

The new CEO could have left IBM for any number of reasons, both good & bad. Don't read that much into it. His skills are more around the process side of things, important for large enterprises, not so much for tiny ones with few staff. He is not a technical guy but maybe good at closing deals. He may bring a good list of contacts with him, both technically from IBM & market wise outside of IBM, time will tell.
Will just have to wait & see what the announcements to come say & the funding proposal. What we do know is the the payroll has gone up by one, probably quite expensive, person.

Don't expect a re-rate on the back of this ann.