Post by
FrozenInOntario on Oct 31, 2024 12:21pm
Evolv CEO firing a positive ?
When you see more than one cockroach, usually means there's a bunch lurking in the dark.
I would say that this is a huge positive for Xtract. The way I see it, for the next couple of months, their sales departement will be reorganized. No more leadership while they hunt for a new CEO. Think Patriot before Evans took over. And you can infer the time it will take to reorganize this.
The other potential positive : there are good chances that their agressive selling tactics should be tone down. Having a competitor, especially the 800 pounds gorilla in the category, acting logically in pursuing sales bodes well for Xtract as it opens up the field. No guarantee but a possibility.
GLTA
Comment by
Revenant on Oct 31, 2024 9:58pm
So many different ways it could go. If the rot goes all the way to the bone (and they have made so many unethical decisions, it's likely indicative of widespread problems) Evolv may be out for a long time. If it's only George and one or two others, maybe they've cut the head off of the snake, and they hire their own Peter Evans, and we have a stronger competitor.