Just heard that the leadership at AYI is basicially brow-beating sales and they have never sold! Nice. Consultants should stay consultants for a reason. Failure is written all over this. Heard anything about Mark Black?
Black is still acting the boy wonder. But, boy you wonder why. I am concerned about where AYI is going. Morale is at an all time low. (Poor leadership will do that). They are duplicating depts and adding more layers of VP again. Ex. they already have had an intl sales dept for many years. Now they have added a "Global Sales" group with another VP and a whole staff duplicating what is already being handled. That is just one example, but the move to decentralize manufacturing and customer service causes conflicts with stealing from Peter to pay Paul. Not sure why the stock is where it is, but may be time to cut and run if what I am hearing is correct.
Twonubender---Who's running the show? I thought their CEO was supposed to be a smart guy. Engineers still running Sales? Beancounters still running manufacturing? Who knows anything about selling lighting? Who's going to buy the company? You can't hate the stock price thugh. Unless of course, you're Oxyledge or whoever he wants to say he is today.