When is APD's tired,obsolete and incompetent CEO going to retire?
This stock has been an under performer since The Happy One took over and wanted to build
a plant on every empty acre that APD owned.Bye,bye free cash flow
The current CEO was a prime mover in the move into Health Care which involved miserable
acquisitions.This was #$%$ running businesses they did not understand.
Is it too late?
Can we bring back Ed Donley,Dex Baker or the Poole's?
The upper echelons have become too incestuous. And even some of the previous top dogs were not that good. Remember the $600M fiasco with Stearns Rogers ?. Was it Dex at the helm then ?. I did an apprenticeship with APD back in the 50's, when Dex was the London office manager. I remember him being totaly profit driven, and uncaring about any employee. Len Poole loved him. I have owned APD stock on and off since then, but would never dream of working for them again. What this company needs is a total cleanout of top management, I would love to see a buyout from Airgas or similar, then you would see progress on all fronts !