Sat, Dec 27, 2014, 2:52 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Ferro Corporation Message Board

  • facts_and_facts_only facts_and_facts_only Nov 14, 2012 10:08 PM Flag

    What took so long?

    "Mr. Kirsch was elected Chairman of Ferro’s Board of Directors in December 2006. He was appointed Chief Executive Officer and a Director in November 2005. Mr. Kirsch joined Ferro in October 2004 as its President and Chief Operating Officer."

    FOE loses about 90% in market cap under his "leadership" while Kirsch collected $4,621,676 in pay in 2011 per Forbes (more than 2% of its market cap today).

    FOE must have the worst board of directors on this planet (or the most forgiving) to wait so long for Kirsch to resign. Hope the company avoids bankruptcy and recovers.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • FOE has some promise on the balance sheet side; where if they can clean some items up, they should be fine. There are some dog assets (solar paste) and some choice assets as well that on the whole, would make FOE an attractive acquisition target. My bet is that they clean up, refocus on the core specialty business, and adjust to industries where the market is pointing to. FOE should be @ 2x its current mkt cap. JMHO

    • Think the New CFO was the one that pushed the dummy out. Hopefully the CFO which was also CEO of two sizable companies may be able to solve some of the problems. I wished they would not replace and just looked to sell the company. The employment agreements with the interim CEO and CFO are most certainly designed to that end

      Sentiment: Hold

 
FOE
13.36+0.33(+2.53%)Dec 26 4:02 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Prothena Corporation plc
NASDAQFri, Dec 26, 2014 4:00 PM EST
Virgin America Inc.
NASDAQFri, Dec 26, 2014 4:00 PM EST