Ann: Director Resignation, page-167

You could look at it that way but it is very hard to continue on with back to back failures and continue leading. It was time for Dr WvdH to saddle up.

Dr Guido Arnout under Dr WvdH had owned up or pushed to take full responsibility for failing to deliver Plaform 2. Dr WvdH is no better and also needed to take full responsibility and resign.

Shareholders have been hit due to Dr WvdH not delivering Platform 3. Resignation is the only acceptable option for failure.

Dr WvdH hit Guido with a 50% pay cut and later pushed him into an advisory role.