Not quite Winner, Earl is off to MET to work on synergy strategy before the Swedes eat OCA for $2.5 / share early next year.
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And all directors will support the $1.50 revised offer...
Moving to work for the Swedes who arguably pulled off one the of the greatest heists on the NZX with their MET takeover using strongarm tactics and with effect immediately, (I am VERY disappointed in Earl).
Julian finishing up with SUM soon. Hmmm..probably add quite a bit to the share price if he took over as OCA's CEO.
Wonder what Maverick thinks of Earl leaving ?
With all due respect, its stating the obvious that as the CEO will know more than we do. Its also on the record what his base salary was and to the best of my knowledge its one of the lowest of any CEO of a listed company on the NZX. The Swedes got MET for an extremely cheap price and will be dead keen to have a CEO that can continue the transformation to a business model that offers more of a care focus as we know incoming residents want to see the full continuum of care. I think in that regard Earl has a lot to offer MET and the Swedes can easily afford to pay him more. Join the dots...
Market does not seem to be concerned with Earl leaving and I'm not worried either. Need a numbers man in there like Julian Cook.
Nothing new. Money does not talk, it screams. That OCA did not match what ever package he was offered also speaks for itself. I recall it being said that Earl was too nicer person to be a good CEO. Need someone more out there to sell the game plan and sparkly future. Time will tell. Price languishing at the moment. Don’t want the Swedes sniffing around.