M/more said early on that he wanted a CFO with greater experience than Jeff to run the combined entity, as the job is so much bigger for a $12 billon company than a $6 billion company. OOPS!!! We are a $6 billion company again, so maybe Jeff should get the gig?
Anyway, hope we get a better run than Paperlinx during Lamont's tenure there - their share price has been in constant decline since his arrival two years ago. But this report suggests he might be OK:
1410 [Dow Jones] Paperlinx (PPX.AU) shares down as much as 2.1% after saying CFO David Lamont will resign Sept. 26 to join OZ Minerals (newly merged miners Oxiana-Zinifex) in the same role. An international search, including both internal and external candidates, to identify Lamont's successor is underway. Decline follows Friday's 15% gain after Paperlinx's statement late Thursday that unaudited FY net profit was within current range of broker expectations of A$63 million-A$81 million. Latest trade down 1.6% to A$1.88. (ABH)
OXR
oxiana limited
