GREY:BXEFF - Post by User
Post by
RichyRich$on Apr 22, 2020 1:51pm
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Post# 30940279
New Interim CEO
New Interim CEONotice on the Bellatrix website under management. It shows Brent Eshelman (former CEO) is no longer with the company. His LinkedIn shows he left Bellatrix March 2020. Theres a new Interim CEO now. Also, Shauna Mason the former Investor Relations rep left Bellatrix March 2020. Brent's LinkedIn shows he's currently looking for opportunities. Which means he did not willingly leave. Shauna got a good job with another bigger company. I wonder if this was a cost saving move because at this point an IR rep is not needed and an Interim CEO would be cheaper. It makes it sound like a deal will be made, because if the company were to relist, they would keep the CEO I would assume? Not necessarily though... as they could still relist as an ongoing company and might want a fresh start with a new CEO. I would also assume that if the banks refinance with a new deadline date and relist, they represent majority of the board of directors because they own majority of the common shares... and they just might have a particular CEO that they like to continue. It's hard to read anything from the CEO change. Maybe just to save money.