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Ann: Zip Leadership Update, page-514

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  1. 1,403 Posts.
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    I think the Management/Board reshuffle is due to understandable institutional/shareholder pressure and could have been in the wind since the Morgan Stanley capital raising.
    The market needs credibility, consistencies and actions speak louder than words.
    After 10 years we need to see profit, realistic forecasts, and a lean focused company.
    Putting an experienced financial person in control with a refocused Board will hopefully control the past entrepreneurial focus of the company.

    Let’s hope the new CEO also handles all the communication.
 
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