how was your quarter?, page-59

With a new CEO who will strongly restructure this company there could be light at the end of the tunnel but a lot of pain will be felt within the organization...As the below extract from the Sydney Morning Herald states Mr O'Brien I believe was way out of his depth managing the difficulties this company was facing.

Boart boss bites the dust
Date
August 24, 2015
Mr Randolph said Mr O'Brien's departure "does not signal a significant change in the company's priorities".
Despite overseeing a $US1.1 billion reduction in spending since 2012, Mr O'Brien said he believed the board would seek a new CEO who would drive cost reductions "faster than we have in the past"."Is it all done? No, there are always things to do, always some regrets in life: you wish you had done things a little faster or a little bit differently," he said. "I leave with my head held high and I think everyone that has worked for me should feel the same way knowing there is more work to do."