It is up $1.98 in AH's. This is what happens when the street sees a board take out the
trash! Dump this CEO and see what happens to the PPS! This idiot waws vote one of the 10 worse CEO's of large corporations. What does that tell you?
He was voted that because of stock price. Stock price is down because of things he didn't do...Liabilities related to annuities. Once there the life is sold and people begin to get comfort they are running off the liabilities effectively, buying out the contracts and hedging the risks the stock will be great.
Those of us who have held this company for a long time know this CEO has done nothing
to gain any respect from the Street. The few moves he has made lately is becasue he was forced nto it by big stock holders, not on his own; He is not capable of turning this company around.