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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by Register123on Aug 12, 2016 5:29pm
179 Views
Post# 25137617

Time For Mark Thompson To Go......?

Time For Mark Thompson To Go......?I wonder if those institutional investors with signficant holdings in CXR and/or "independent" Board members will make a move and ask Mark Thompson to resign, similar to what Valeant did with Mike Pearson.....?.........Mr. Thompson dropped the ball IMO......  Time to get a new CEO who won't destroy shareholder value by being overly optimistic,  overestimating earnings and prospects for the company, then making excuses when their rose-coloured glasses outlook is proven wrong.............Once the debt hit the fan many months ago, I couldn't believe CXR didn't cut the dividend immediately......Also, the large percentage of votes withheld for Mr. Thompson at the most recent AGM set off warning bells that a significant number of shareowners didn't have much conficence in Mr. Thompson.........If CXR gets the right guy in there who earns the trust of the market, perhaps the share price will rebound and the company can get itself in good enough financial shape to be bought out by a private equity firm at fair value.......
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