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Old 08-12-2010, 11:37 PM   #30
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Quote:
Originally Posted by FenwickHockey65 View Post
NO NO NO NO NO.

Okay folks.

A little after Whitacre announced he was stepping down, I noticed Mark Reuss was on Facebook. I was chatting with him and asked if he had any idea why Whitacre was leaving. Basically, the guy is getting old, and he never planned on staying for the long run, and it's time for him to retire. Plus, they want a finance guy in charge during the IPO period.
Seems reasonable, but aren't they afraid this would backfire? Investors surely want to see some authoritative stability, and since the bankruptcy emergence it has been everything but.
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