Yep, couldn't understand how it was Carnegie were going to pay Tag millions to take EMC in the first place, but giving that the big finger seems like a good place to start for the new boss.
He's inherited a nightmare; missed deadlines, an extremely dodgy deal, righteously angry shareholders, media and political scrutiny, a SP that has fallen into the toilet and is trying to find someplace even lower and poopier to fall, and an ASIC investigation (confirmed by ASIC to the ABC). And he's never done the job before. He does have an ex-orbital CEO on the board, whose dodgy advice on how to survive for years while doing absolutely nothing he will hopefully ignore completely.
Meet the new boss,
not the same as the old boss (we hope)
CCE Price at posting:
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