Eloi
Was there a call regarding this announcement as I did not see any notice?
I've just looked at Karl's contract terms announced on the 6th of April this year, and it indicates that either party may terminate with 90 days notice, so there is a possibility of saving that $867k per year (in his role as 'head of global growth'). Did David on the call actually reference Karl's role and that being terminated?
Ann: Restructure and Cost Reduction Program to Achieve Cashflow, page-37
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