RE: Need New CEO19 Jan 2022 11:20
Current CEO lost her plot, she should be a good manager of a retail store, Not fit to run a PLC
picture this..... She builds a good reputable company, good brand, excellent mattress, however Share price stays low then comes a buyer and takes it private or makes acquisition.
PLC is danger to hostile takeovers!!
Not only CEO will lose her job but shareholders will lose on better return.
hence for Plc a balance is required, a stable growth with Share price rise as well.