What Derek Thomson did was phenomenal in turning the company around strategically. I phoned him a few years ago and had a robust conversation, and he understood the need for good strategy and he at least got the deal that we needed to develop our own devices and stop being bridesmaid constantly.
Yet he is blamed for housekeeping and ALL the strategy and housekeeping?I
t's incredible that he got effectively fired and yet the ignoramus of GC lives on as a local hero!You couldn't make this up.
The Chairman had better be replaced! It's HIS cluelessness and risk aversion that is so wrong and would have led to the abandonment of the Australian market at such a crucial time.
He's got NO IDEA about the bio industry. I warned about that time and again. ZERO.
ADO? It's been Twits Inc for too long and the Chairman had no idea. Stumbling bumbling along...this crowd is nothing like MSB.
Not remotely.
Ann: CEO Succession, page-67
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