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Gafisa S.A. Message Board

  • sophia.andrews sophia.andrews May 16, 2011 6:19 PM Flag

    CEO Situation

    I decided to just take the loss and get out today. It bothers me that the CEO resigned, gave no reason, and is still serving on the board (?). Also, I don't like that the CFO will now be the CEO, CFO, and person in charge of investor relations(?). There are two things wrong with that picture: first, it's too many roles for one person to take on. Second, I'm sure there's conflicts of interests in there...kind of like being the judge and jury at your own trial. Unfortunately for me, GFA has come to stand for "Got 'you know what' (in the) 'you know what'"

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