Sometimes you just have someone unable to move the needle and create a winning culture. I know this first hand. Hendrik Verfaillie a very capable person on paper just didn't get the job done. Within a very short time after his resignation Hugh Grant brought to that company as the new Ceo instilled a winning attitude. To date this company has never looked back.
Time for Dr. Ferre to do the same as Hendrik Verfaillie and resign. Then it's time for our board to recruit a management team out of ISRG that can duplicate that company's success. As the institutional investor no longer believes in Dr Ferre. That message is clear.