A new batch of leeches" President and chief executive officer Rob Morgan is retiring -- rather abruptly; his last day is next Thursday -- and will "hand the reigns [sic] to Strathcona's next generation of leaders." This generation will be a little more crowded than investors are used to. Strathcona is internally carving itself up into four units, each of which will have its own new president, and the four presidents will report to a trio of higher-ups comprising its chief financial officer, a new chief operating officer and a new chief commercial officer. The above Mr. Waterous will continue to oversee it all from his top perch as executive chairman. "
That is a lot of high-paid leeches sucking the life out of the company.