As a retired Cytec employee of many years, I too know and have worked with Shane and have spoken to current employees re this move; I agree with "Scrooge1944" and can tell you that the troops are indeed heartened by this move.
He must have been far enough away (physically) not to be micromanaged by Lilley-Pad-Brain. That will all change now, as he moves into Space Mountain. He will have to lower his standards by a factor of 10 to compensate for the ass kissing required by King David. If he is good, he will leave eventually, cause working for Lilley-Pad-Brain will be de-moralizing. Long live "The King" and his court (The Board) of jesters.