VMG 0.00% 0.1¢ vdm group limited

New money will want the existing CEO dispatched, primarily due...

  1. 539 Posts.
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    New money will want the existing CEO dispatched, primarily due to performance. Can't see the water cooler chatting for too long.
    They'll write it up as "thank you for efforts..."
    They won't want to waste a dollar. Will be a refreshing change.
    The upside is that the new CEO will want to show some early wins. How he does this will be interesting.
    The downside is that if Broad does go, VDM has a history of paying out massive golden handshakes, whether turning a profit or not. My guess 500k - $1M.
    If you're an in any role other than an exec and you don't perform, they send you on your way.
    If you're an exec and not performing, they offer performance incentives on top of your silly salary.
    Then if that doesn't work, they show you the door and a barrel of cash.
    Could be wrong, however writing is on the wall.
    Happy once we know the money is in the VDM account, fresh eyes over the business, top heavy leadership team is thinned out and cash starts flowing inward, for a change.
    Mav
 
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