bye bye orr

So does anybody have the inside info on Orr's departure? No idea whether he has been good or bad as CEO but he has to take some (most?) responsibility for the didipio disaster and therefore thought such an announcement might meet with shareholder approval and higher sp. SO why the sp weakness today? Was down 4% on TSX on Fri and the response to the ASX query suggests nothing out of the ordinary is about to happen so perhaps just a correction after a good run up.