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That's exactly why the new CEO will push for a big impairment immediately. That way the very-terrible-bad results are attributed to the former execs. The new CE
by ogre_codes 7y ago
That's exactly why the new CEO will push for a big impairment immediately. That way the very-terrible-bad results are attributed to the former execs. The new CEO is essentially resetting the baseline and can post growth from there.
If the 787 recovers eventually, it's a windfall and the new CEO looks like a hero for implementing revolutionary change.