I agree the V European CEO has apparently done a reasonable job. However he has well and truely defined himself as the co pilot of the MBO. This clearly reveals his lack of loyalty to VPG and the shareholders. He had planned his future to be a main player in the MBO and as such would have been very excited about the enoumous value he would benefit from being an owner of a $7 Billion dollor funds management business. His motivation was huge personal wealth creation. Balance that off with the fact that the MBO is now dead in the water and his salary is about $700k. Is he going to be really looking out for VPG after his very exciting plans just failed or is it more likely he will look for other ways to exit VPG and not really do much for the group in the meantime except collect his salary. Move him and Hurley on I say. DYOR
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