This is very dysfunctional company. Jack keeps hiring and firing senior executives and points his finger at them for not doing what they were hired to do. One would think that after more than 5 years or revolving door management that the Board would question either Jack's hiring abilities, or look to a more fundamental reason why Innodata is not growing and not providing shareholder value. Jack is the problem, but the Board is to blame for letting him continue to run the company into the ground.
Replacing Jack is a must. There have been no gains made over the last 5 years if your long term investor. Only short term traders have benefited from a few and far between quarters. Stock has spiked and ran to 5 to 6 bucks but never stayed because Jack always managed to disappoint the very next quarter. Rumurs have it that Jack may also have broken a few sec trading rules. If he has then hopefully that will be the end of him as CEO and we get somebody to replace him.