FailManagement has failed. It’s as simple as that. Allan MacDonald originally came on promising a transformation of the company and here we are today, and he’s announcing a new transformation which is substantially nothing different or new from than their previous strategy - their prior strategy was to maximize the value of its operations and achieve performance excellence. This is just different wording. Nothing new.
“It’s an exciting day for Superior” – Allan MacDonald (when the stock price is down 17.5%)