Another CEO Bites the Dust

Don't you love it? Reading between the lines of the departing CEO’s farewell, he says now Cardno is smaller and less complex after I’ve chopped it half, I’m going to pursue other opportunities and move onto the next challenge.

I guess at some point the board will wake up to the fact that a company half its original size can only afford to pay half the bloated remuneration to the CEO, so smart move to get ahead of the game, eh?

Feel sorry for the staff at Cardno as well as shareholders.

(I only 'hold' as I find it hard to admit I've made such a lousy investment)