RE:RE:BNS lets make a deal Mr Edmonton, I usually just read here and don't comment but I must correct you. Your post gives the distinct factual impression that the share price dropped from the mid 80s into the 60s under the current new CEO. That is factually inaccurate. The stock was last in the 80s under the prior CEO Brian J. Porter Who retired in January 2023. Any available public stock chart shows that the share price for this company was last in the mid 80s in 2022, therefore under Mr. Porter. In fact the stock price dropped to the low 60s prior to Mr. Porter's retirement.
The new current CEO Scott Thomson Became president and CEO in January 2023. Under his tenure thus far the stock has traded primarily in the 60s range with a very brief period just over $70. An additional clarification is that I wouldn't necessarily characterize Mr. Thomson as a "non-bank" CEO. Mr. Thomson was on the Bank of Nova Scotia's Board of Directors for seven years prior to becoming the CEO (since 2016).. He has extensive experience and did a great job leading Finning international.
For those who may have attended the Investor session on the new strategic direction, you would see that at present they are executing on their stated strategy, but of course this takes time! Not promoting to buy or sell just stating the facts! However, Given the protected oligopoly nature of Canadian banks, I would personally be surprised if this does not make a significant recovery in the coming few years!
GLTA!