TWM Executive Termination Costs
The Q3 MD&A for TWM had a reference to the termination expenses for the executives replaced in the previous management shuffle. That amount appaears to have been around $3 million, based on the comments in the MD&A related to adminstration and personnel cost changes. Hope the latest management shuflle is not going to cost as much for termination costs. Since this was not done until January it will not show up until Q1 results are released in May, unless they make any reference to it in the year end results conference call which should be sometime in late February/early March.