Yes, her departure is long overdue. Recall that Wim Appelo resigned a few months ago -- obviously he saw something coming he didn't like. He had been in charge of the Technology side of the business. We see Ursula's plan is to kill that high-margin business to go full steam into low-margin services.
As I've said before, Ursula enjoys the support of the BOD. She was a protege of Paul Allaire. She fits the diversity profile perfectly. She is close buds with Obama. She brings in awards such as "50 Most Powerful Black Women in America", etc. If your Board is impressed more with that than profits, what can be done? Don't buy this stock!