GREY:GUYFF - Post by User
Comment by
Caribbeanmanon May 31, 2019 9:55am
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Post# 29788268
RE:Why is a CEO buying who is on his way out?
RE:Why is a CEO buying who is on his way out?Hatrick wrote: I thought Caldwell is being shown the door within the next 6 months after driving this stock down ~85% - 90%. Why is he buying shares now? CEO Succession Plan The Board's CEO succession plan involves the establishment of CEO search committee consisting of independent directors Ms. Saint-Laurent (chair), Mr. Pangbourne and Mr. Marion. The CEO search committee will undertake to identify a new CEO for the Company as soon as practicable and, in any event, within six months. Scott Caldwell has agreed to continue to serve as President and CEO while the search is underway.
That was the first thing I wondered about. It's a bit strange, maybe he's got something wonderful and weird going on with his stock options