Exactly, 'non-performance' has to end somewhere, and finally, it has..!!
Wording makes it sound positive and amicable, but I'd ask who would 'walk' from a ~$250K+ p.a 'gig' willingly, when it's been easy money 'trying your best' and achieving very little...
Nothing personal, but hopefully we now get a little more of the 'nouse' we've all been waiting for from MCT leadership... Maybe 'big-fish' investors have put their 'voice' forward and 'quietly' demanded 'leadership-changes' based on 'merit' and quantified industry experience' where it matters, like Mr Longworthy appears to have a little more of...
Matt tried, but obviously has not been able to maintain the 'confidence' of the BoD and/or 'keystone' KML investors, and has 'done the right thing' moving aside...
Could be wrong, it's only a hunch...
ML
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