Forum Topics AD8 AD8 Retirement of Chair

Pinned straw:

Added 6 months ago

Down over 9% today

Announced the retirement of David Krall, who has been chair for 8 years. He will stay on as a "strategic advisor"

Not quite sure why the market would be so concerned about this. Or am I missing something?

thunderhead
Added 6 months ago

There's been a fair bit of exec/board turnover over the past 12-18 months, so maybe this is another brick on that particular wall of worry.

The shares have had a decent run of it in the past month or so, so maybe some giveback is to be expected, though this seems overdone just based on this news alone.

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