G'day all - I am new here, so plz bear me out. I like NOVL [no position yet] and Dr Schmidt seeems to be doing the right things, but Stone is the 3rd exec to leave the company in recent months. I understand the new blood argument, but Stone is widely and highly regarded. Besides, the real old blood, pre-schmidt, was jettisoned, so what gives.
I understand hi tech execs tend to want to move to the top spot, so it is not surprising; however, considering NOVL doesn't have a deep bench, and Dr Schmidt seems to be in no hurry to replenish the pool, any idea? I mean, does Dr Schmidt feel NOVL should not be top heavy? Or is he autocratic [note, I know little of him, so I am not suggesting he is] TIA
best, Bosco |