I too would have been much more excited had they hired this guy as the CEO.
"In the months and years ahead, we intend to continue to diversify the expertise possessed by our Board of Directors…”
Although I take this as a positive development, I’m not sure if this is merely an attempt to buy more time and relieve some pressure going into the AGM or the beginning of REAL change.
I just don’t trust these guys:
The CEO either doesn’t know how to tell the truth or is clueless.
And the Board is either extremely naïve or complicit.
A little restructuring every year, buyback here and there and new Board member every year isn’t enough to pacify 7 years of wealth destruction and change my votes at the upcoming AGM.
I don’t think it’s about being a patient investor as much as it is about that I did not sign up to participate in a Quebec science experiment. ALL IMO.