Post by
Possibleidiot01 on Sep 26, 2023 8:18am
Leadership changes
Brian Pedlar, who will remain on Covalon’s Board of Directors.
Also has a comment from a major shareholder and board member
"“As an experienced CEO, and member of Covalon’s Board since 2020, Amir has a deep understanding of Covalon and its strategy and is well-placed as interim CEO to oversee the continued execution of the Company’s strategy as it commences a search for a new CEO,” said Martin Goldfarb, OC, one of Covalon’s largest shareholders and member of the Board."
Wondering what people think? Planned? Expected? Positive development?
Comment by
nkbourbaki on Sep 26, 2023 10:05am
Can't see this being planned, as it is effective immediately without a replacement in mind. Even without knowing the replacement I'd say this is a positive development. At list it shows the BOD isn't totally asleep at the wheel.
Comment by
Possibleidiot01 on Sep 29, 2023 11:59am
Seems like no ill will here as he remains on the board ; could be a mutual thing as it appears there is value here to be unlocked
Comment by
ARIMA11 on Nov 14, 2023 9:39am
Let's hope these guys wake up soon. Best thing they can do is sell the company. After years of talking, cash burn, the stock price speaks for itself.