The question is a reasonable one to ask but I believe there are a few obstacles.
The Chairperson wants to control the business if a real CEO is appointed the Chair will be put in her place.
The current CEO is a sales person, not a strategic thinker who will challenge the status quo.
The business has no direction, its like a raft in the ocean just being tossed around.
The board need to be united in developing a plan to dig the business out of the sheet, there are two board members who have the capability. The business is destine to hover in its current position just one bad result away from disaster.
HIL Price at posting:
18.5¢ Sentiment: None Disclosure: Not Held
