Market reaction swift and adverse!
I guess resignation of a CEO might in some ways be regarded as the ultimate insider trade. Many managers nowadays refuse to invest their own money in the companies they run (Armstrong held about 500k, or about a year's pay, which is better than many, although I'm not sure how many were paid for from the back pocket). But when they are unwilling to invest even their time ... that might not be regarded as very good news!
- Forums
- ASX - By Stock
- DWS
- Ann: Resignation of CEO and Managing Director
Ann: Resignation of CEO and Managing Director, page-2
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)