GREY:XEBEQ - Post by User
Post by
Winston1on Feb 08, 2022 7:00pm
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Post# 34410668
This is why new CEO announcement is excellent news
This is why new CEO announcement is excellent newsWhen a CEO leaves abruptly with little explanation, or a sugarcoated implausible explanation, which leaves a vacancy at the top of the organization, the market reacts poorly.
Conversely, when a CEO leaves with a clear succession plan in place, as in the case of XBC, the market reacts favourably. The successor to Kurt has already been named, he's been COO for XBC for almost a year.
It looks like we're going to have better days ahead, very soon!