Charles S. Stein,
Why do you think Par is unwilling to resign?
If, as you suggesting, his departure means more prosperous future for the company, and hence better stock price, this will benefit him the most. If this was true why wouldn't he resign. Is it just a matter of ego, or others (divison presidents, board members, etc.) close to him see him as an effective leader, and therefore do not see him as a problem. It will be interesting to know these things from some one who is close to the company and has an objective point of view.
Unfortunately, it seems that David Pawlak may have lost some interest in the company as well. I have not seen many informative posts from him recently. I hope he is busy in other things that are keeping him from participating here. I hope one of these days he will update us about any positive developments, if any, taking place in the company.
Regards,
Afaq Sarwar |