President of AMI is out?
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  1. #1
    Big Deal, CEOs come and go all the time. IBM, Yahoo, etc have all had changes in their CEO's. Fo to Capital Access Networks website and listed is their new CEO with extensive background from GR Capital, Citibank and the traditional financial sectors. The board of CAN prob decided this awhile back and not overnight. New Logic has its own president by the way as its a seperate division to AMI. The COO, CTO, and General Counsel are all still with AMI/CAN. I don't see how their rates or terms have anything to do with a new CEO stepping in.

  2. #2
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by MCAVeteran View Post
    Big Deal, CEOs come and go all the time. IBM, Yahoo, etc have all had changes in their CEO's. Fo to Capital Access Networks website and listed is their new CEO with extensive background from GR Capital, Citibank and the traditional financial sectors. The board of CAN prob decided this awhile back and not overnight. New Logic has its own president by the way as its a seperate division to AMI. The COO, CTO, and General Counsel are all still with AMI/CAN. I don't see how their rates or terms have anything to do with a new CEO stepping in.
    Um...how about "portfolio performance"? they weren't grabbing the marketplace as the y expected at New Logic...and they were/are getting stacked on like wildfire. So the CEO is underfire for this (this is what happens in the REAL business world when you are actually ACCOUNTABLE for providing a profit to investors!). the CEO scrambles last minute, so New Logic starts tossing hail mary deals & stacking on others as well to buy marketshare...only it is a day late and dollar short.



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