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5N Plus Inc T.VNP

Alternate Symbol(s):  FPLSF

5N Plus Inc. is a global producer of specialty semiconductors and performance materials. The Company deploys a range of technologies to develop and manufacture its products. The Company operates through two segments: Specialty Semiconductors and Performance Materials. Operating in North America and Europe, the Specialty Semiconductors segment manufactures and sells products used in several applications, such as renewable energy, space satellites and imaging. Its end markets include photovoltaics (terrestrial and spatial solar energy), medical imaging, infrared imaging, optoelectronics, and advanced electronics. The Performance Materials segment operates in North America, Europe and Asia and manufactures and sells products that are used in several applications in pharmaceutical and healthcare, and industrial. The main products are sold as active pharmaceutical ingredients, animal feed additives, specialized chemicals, commercial grade metals, alloys, and engineered powders.


TSX:VNP - Post by User

Comment by Possibleidiot01on Nov 28, 2021 4:35pm
389 Views
Post# 34173974

RE:RE:RE:Départ du PDG de 5Nplus

RE:RE:RE:Départ du PDG de 5NplusI'm going to disagree and agree with you .
First the agreements  - friday afternoon news never good . Company is losing a respected leader unexpectedly..
Second , the stock is cheap and a great business.......

But to make the acquisition a bad deal or that there has been "inappropriate behaviour " ........
". "The past 16 years of my career have been spent abroad and in the past 6 years I have been often away from my home and family in the US. After consulting with the board of directors, we have agreed that a new President and Chief Executive Officer should lead the Company in its next chapter. In the meanwhile, I will be fully engaged to ensure a seamless transition. I would like to thank all employees of 5N Plus, it has truly been an honor to serve with you."

He is leaving for a valid reason - family.
He is leaving on good terms because why would they want him to hang around as a strategic advisor until May at the latest , if there was anything wrong ?
"Mr. Roshan will continue to act as a strategic advisor to the Company's board of directors, the Interim President and Chief Executive Officer and the Company until a permanent President and Chief Executive Officer is appointed, which is currently expected to be on or before the Company's 2022 annual general meeting of shareholders"

Where's the issue?



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