Other then the dividend this stocks performance has been zero. If you read what it is doing it sounds so great but then you see the financials and realize that much of the historics are just that nada.
Orlando's retirement has probably been planned for some time now, just not publicly announced. Orlando has worked for CVA for +25 years and it looks like they had to make a relatively quick move to hire Jones as he left Air Products last August and was probably more than ready to get back to work. There will be an overlapping Orlando/Jones transition period that will take place between now and March 5, and subsequent to that Orlando will remain on the board (I would be a bit more concerned if this were not the case). I have seen much faster transitions (literally overnight), this one seems reasonable, although an announcement stating Orlando's intent to retire probably should have come out sometime in early to mid-2014 so as not to surprise stockholders. There could also be unknown health issues, etc. that accelerated the timing of events. The good news is that Jones looks like a reasonable replacement with relevant executive and industry experience.
Usually a succession plan plays out over time. In this case it is a sudden succession plan announcement and almost an immediate replacement of the CEO by an outsider. Does anyone know why this is happening so quickly?