While I wish I could form some kind of opinion on this appointment, unfortunately I can't.
I'm not sure any single manager, irrespective how competent or motivated he or she is, will be able to unscramble the Ramsay egg.
The path to value liberation for this company has two legs:
1.) Getting rid of the challenged French and UK hospitals (but who on earth would buy them for any half-decent price)?
2.) Monetising (or securitising) the significant property assets
I don't believe the departing CEO had a mandate from the Board to do any of these, and I doubt his replacement will be afforded one. So, I think the Board needs to be overhauled first, but I'm not holding my breath for that.
I therefore feel that, unless some drunken sailor comes into port with fists full of dollars with which to make a takeover offer for the company, I fear the business will continue to muddle along, as it has for the past several years.
I find it difficult to envisage a circuit breaker.
.
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