CFO is leaving? Is this a bad sign?
4 replies (most recent on top)
Like other new leaders, the Rog just wants to bring in his own team. Which means there should be additional restructuring in the near future.
The new guy has private equity and merger experience. He may have been brought in to negotiate an acquisition offer
Better yet, it may be a sign of a coming lawsuit for some questionable accounting that made things look better than they were for previous reporting quarters. That’s how it’s unfolded in the past.
That’s what I’d put my money on! Time will tell
This is the 3rd or 4th CFO in recent years. It just proves when Ynot and his staff stood up in front of employees and investment community, they were full of $hit. It is a mess of a company and a dysfunctional organization. Prove me wrong HR!