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Gardner Denver Inc. Message Board

  • cmmdrsolo cmmdrsolo Jul 16, 2012 7:07 AM Flag

    Anybody Know Why CEO Departed?

    Does anyone have any insight as to what happened to cause the CEO to resign? He seemed to be doing an outstanding job.

    Did he resign because the board wouldn't pursue an acquisition that he thought was critical, e.g., a United Technologies business?

    Did he resign because he was forced to as a result of an inappropriate intra-office relationship?

    Did he resign because of moving too aggressively in restructuring and the board became uncomfortable with that?

    Did he resign because the board has decided to pursue a sale of the company to maximize shareholder value?

    Did he resign because of an illness that prevents him from effectively executing his responsibilities?

    Did he resign because the board wouldn't restructure his compensation package?

    The shareholders deserve to know what really happened. Undoubtedly, some people know what happened. It is unfair that some people should know and others, particularly the shareholders, do not.

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