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FormerXBC Inc XEBEQ

Industrials
Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.


GREY:XEBEQ - Post by User

FormerXBC Inc > Over Compensating
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Comment by Ciaoon Feb 16, 2021 10:55am
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Post# 32572954

RE:RE:RE:Over Compensating

RE:RE:RE:Over CompensatingAppointing a new hire to lead Xebec’s global hydrogen operations as the new President for the Global Hydrogen Group is not something you decide in short notice to put a spin on something. We can speculate that it was a position Prabhu wanted and they would need to backfill the COO position. When the position was not given to Prabhu, he was pushed out. Divorce can be ugly.

GGreen wrote: I agree however it appears that perhaps they had no choice.... IF COO decides to resign given it would be a "material" event they would have to be disclosed with a few days of it happening. They would not have had time to recruit a new COO and perhaps appointed the former HyGear CEO as Global head of Hydrogen as a positive spin otherwise it would have looked worse. Plausible but only speculation. 


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