I can think of a lot of PR's that I'd rather read.
Nothing specific to this fella. But CFO's resigning is rarely a good thing. Atleast he's sticking around a while.
If IIVI takes the "cost containment" move of outsourcing IR - a favorite move by questionable companies I'll be selling all of my IIVI holdings. Because I've NEVER seen that end well - for shareholders.
In the end this fella resigning may not be a negative. I just can't see it being a positive.
And remember this was a billion dollar company on an aquisition spree(regardless of Carl claiming they aren't) so he has had a front row seat to what has been going on. And may continue to happen as long as they have a banker(s) to loan them money.
Perhaps this fella actually spoke up at some point? I have no idea. But I'd like someone on the mgmt team to speak up at some point - PLEASE!!