With all due respect to the new CEO, I tend to agree with THEMASOCHIST. Of course the CFO of a company like this would have been (or should have been!) heavily involved in the planning and execution of IPO1. Particularly given the experience being lauded now.
Unless there is a lot more to the story behind the scenes, ie. CEO ignored/overuled CFO's advice regarding IPO1?, then I can't fathom how this appointment is going to put us in a better position moving forward.
I think the timing of the announcement being released alongside good Fonda numbers is an indication that the new CEO knew his appointment was not what the market was looking for. So I guess that was a good decision, lets trust he'll make many more to come.
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