Yes, I agree Numbersguy that ZQK had little choice but to look to Rhone. But where are we now? ZQK's debt is absolutely overwhelming (I'm sure you noticed the coupon rate on the new recent European debt). Getting rid of Bob/board will be debilitatingly expensive with the current benefit packages in place. So it becomes a very long waiting game, despite the rosy predictions in the annual report. Can patient shareholders wait that long?
I think it was Bob that made Quik a great company, sure the Rossignol debacle happened under his watch, but it was more a euro-centric decision (see Bernie the frog), so effectively its the people around Bob that are the the problem. If bob goes the whole board should go.
I reckon the rhone arrangement sucked worse than the rossignol deal. Both Rossignol & Rhone were decisions made by the board collectively, not just Bob, so as far as I'm concerned, they all suck.