Strathcona Resources Ltd T.SCR

A new batch of leeches

[tylerreddick]

" 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.

[Huntamun1234]

HERE'S JOEY, after all this time, still bitter and spewing negativity. As usual, late to the game, and uninformed. From your favorite CEO, Adam Waterous (Watrous) as you like to call him...."Today's organizational changes are a logical evolution for Strathcona. While Strathcona has grown significantly in recent years, our aim is to maintain the same mindset we had as a start up: lean,