Avigilon CEO: At What Point Do You Take the Blame And Resign Yourself?

Author: John Honovich, Published on Sep 03, 2015

The shots at Avigilon continue.

After ousting their COO, Avigilon's CEO went on a Canadian financial TV network to defend his decision and the company

The very first question: "At What Point Do You Take the Blame And Resign Yourself?"

In this note, we examine this question and what this means for the company's future.

*** ***** ** ******** ********.

************ ***** ***, ********'* ******* *** ******** ********* ** ******* ** ****** *** ******** *** the *******

*** **** ***** ********: "** **** ***** ** *** **** the ***** *** ****** ********?"

** **** ****, ** ******* **** ******** *** **** **** means *** *** *******'* ******.

[***************]

Bad ********

** ** ** ********* *** ******** ** ********** *** ****** introspective ** ****** ****** ** ****** ***** *** ******* ********. There ** ** ********** ****** ** ******* * ********** ******, certainly *** ******* ** (******) ********* ** ********'* ***.

*******, ** ** * ******** ** ********* ** ** ****** people ******** *** ****** (*** ***'* ***********) ** * ********** future *****.

Who's ****?

*** ******* ****** ** ****, **** ** *** ******** ** Avigilon's ***, **** ***** ******* *****? **** ** *** ********* team *** **** ****** ***** ** **** ** *** **** four ******, ** ***** ** ** **** '*****' ** **** a *** *** ****. ****** *** ******* / *** ****** would *** ******** ** ** **** **** *********, ********** ********.

Going ** *** **** ****

***** ****** *** ********** *** ***** ******** ** *** ******* (employees, **-*********, ***** *********) ************** ***** *******'* ******* *** * good ***** *** **** **** ****** **** *** *******. ** that ***, *** ***** *** **** ** ************, ***** **** definitely ** **** ******** ** *** ** ********'* *** *** rebound **** *** ********* **** ** ******. ********** ****** **** understand **** **** ******* ******* *** **** *** ** **** because ** *** *****-**** ******* *** **** ** **** ****, if ****** *** *****, *** ********** ****** *******.

He's ****

** *** ***** ****, ********'* *** *** *** *** ** people ** **** / **** / *** '****' / *********. ** ** *** ** *** ***** *******. If ******** *******, ** **** ** **** ** ***** ****** else.

Oblivious ** ******

*** **** ********* **** ***** ************ ********'* *** ******* ** ***** ** *********** *** ********. Sure, ** ** **** ** ** ********* *** **** ***** are *** ******* ********, ********** **** ** *** ***** ** dangerous ** ** ******* *** ****** **** *** ********** **** is ***** ** ** ** *** ******** ** *** ****.

** ***** *** ********, ***** **** **% **** *** **** last ****, ****** *******,******* ****, ********** *******, *** **** ********* $** ******* ****** ***** *** *****, **** ** *** *** ***** **** ******* ~**% *****.

** *** ******** ****, ** ***** **** ** ****** ********'* CEO ** ****** *** **** ********** ** *********** *** ********, at ***** ********.

No *** ***?

*******, ********'* *** ** ******** ******* **** * ****** **** his ******** ** *** ********* ** *** *********** *** *** role ********. ******** *** *** * *** ***** **** (****** *****) **** *** ******* *** ~*/**** *** ******* ****. ***, the *** ** ***** ** *********** ** *** *** *** as ** ********** **** *********? *** **** **** **** ******* new *********** ******** ** ****.

******* ** ** ****** **** ** ******** ********* *******'* ******** / ******** *** ** **** **** * *** *** ***** but **** **** ****** ** ****** ** ******* ******* ** spin (**** ******** ****** **** ******* ** *** ****). ****, ** ******, ******* ** *** ***** *****. **** investors *** ******** ** *** ***** *** ******* ** *** failure ** ***** ********.

*******

***********, ******** ******* ** ******* * ******** *** ********'* *** will *** **** **** **** ** ***** **** ** *** make ****** ******.

*******, ** *** *********** ******, ** ** **** *** ******* that ** **** ****, ********'* *** **** ** *** **** person ** **** ** '******'.

2016 ****** - ****** *****

* **** *** ****** *** *** **** **** ****** *** improved, **** **** ****** *****.

*** ***** ***** ** **** ******* ~**%:

***** ******** ******* ** *** ****, ******* ************ ** ******* growth *** ******** ****** ******** *** *** ****** **** ****** *** ***** down *******.

*****, ***** ** ** ******* ****** ***** - ********* **** remained * ***** ******, **** ** ***** ** ****** ********* and *** ******* ******, ***** ********* ****** **** **** ******* for ********.

*** **** ******* ******* ********'* *** ***** ***** / ********* is *** ******* ** *** *****, ****** **** * **** unlikely. *** ****** *** *** **** ** ******* ******** *** (which ** ***** ***** ***** *** ***** ****** * *********** premium), ********'* ********* *** ***** ****** ** ***********.

Comments (18)

***** ***** ** ****** ** *** ** ***** *** **** because ** ******* **** ******?

**** ****** ***** **** **** ***** *** *** *** ********* V.P. ** ***** *** ***** *** ********** ** ******** ****** the ******* *****. ***** ** * ***** *** **** ***** help **** *** ****** ** ********* ** ******* ** ***** he ***** ****. *** ***** **** ** ******** ** ********* you **** ****...***** ****?

***** * ***** *********** **** ****, ** ******* ** ** the *****: **** ** **** ***** ** ***, **** ** twice ***** ** **! *'** *** **** *** * **** he ** ******* **** **** **** ** ******* **** *** is ******* **** **** ****!!!

***, *** *********** ** ******** ******** ** *******:

*:** ** *** ********* ** ** ********:

***: ***'** *** ***, ***'** *** ******** ** *** *****, you're **** *** *******, ***** *** **** ** ***** ** the ***** ****** **?

*.*. **** ** ******; *** *** ****** ******* ** *** Board. *** **** *** ********* ** ******* ** **** * am **** *** ******* ***** ****** ** ***, ****** **** any ** *** ************* ********* *** *****...

*************, *** ******** ****'* **** ************ **:

*** *** *** *** ******* *** *** ***'** ******* *** CEO, ***'** *** *********, ***'** *** ******** ** *** *****, you're **** *** *******, ** **** ** *** ******* *********** by ***.

***** *** **** ** ***** ** *** *****?

*** **** ***** ** * ******* ***** ******* *** ****!

** ****'* ******** *********, *** ********* ********** ****** **** ** wished **'* ******* * **** *** ** ******** ****.

**** ***** * **** ** ****** '****** ************', ****** * countdown ** *** ********* ******** **********.

**** ***** ** **** ******** **** ** ****'* '*** *** improved' ***** ** ******** ************ ***** * "******" ****** ***** to *** ******* ********** **. **'* ********** ******* ** **, yet ******* ** ***** ***** * *** **** ** ********** that ****'** *** ******* *** ******** ******* **** ***** **** their **** ***** *** ******* ** ****.

***, *** ***** ** **** ******** ****.

**** ***** ******* *** ** ******* ** ***. **** *** the ********* ** ***** *** ********. **** ***** ******* *** there **** *** ** *****.

***** *. ****'* **** ** ******* ***.

**** * ****** **** **** *** "*** **** ** ***** executives *** ***** ** ********?"

********** ***** *******...

* **** *** ****** *** *** **** **** ****** *** improved, **** **** ****** *****.

*** ***** ***** ** **** ******* ~**%:

***** ******** ******* ** *** ****, ******* ************ ** ******* growth *** ******** ****** ******** *** *** ****** **** ****** *** ***** down *******.

*****, ***** ** ** ******* ****** ***** - ********* **** remained * ***** ******, **** ** ***** ** ****** ********* and *** ******* ******, ***** ********* ****** **** **** ******* for ********.

*** **** ******* ******* ********'* *** ***** ***** / ********* is *** ******* ** *** *****, ****** **** * **** unlikely. *** ****** *** *** **** ** ******* ******** *** (which ** ***** ***** ***** *** ***** ****** * *********** premium), ********'* ********* *** ***** ****** ** ***********.

**** ********* *** **** * *** ** *********' ***** **** the **** *** *****, ****** ** *** ******** (**** ** the ****** ** ****?), ****** ******** ** ********* ("********** ****"), and ****** ******* *** *** ********* ********** **** ** *****. He ****** ** ******* ** *******. *** *** ** ********* value ** *** ******** ** ********'* ************ ** ********* **** options/shares?

** **** ***** **** *** ***** **** ** ** ***** fiduciary **************** ** ************ *** *** ******* *** **** * new *** ** **** **** ***** ********** ******. ** ****** action ** ***** ******* ****?

** *** **** *********** *** **** ***.*************.***: "* ***** ** directors *** * ********* **** ** *** ******* *** *** shareholders. *** ***** ** ****** **** ********** *** ********' ********** andensuring ** ********* ******** ******* *** *********."

*** *** ******** ** ********* ****** ******** ******* **** ***?? Not ******.


**** ****:**** *** *** ********* **************** ** ***** *******? | ****************://***.************.***/********/*********/******/****-***-*********-****************-*****-*******.***#*************

**** ***** ****** *.*., *** ** ***** ** ******* ****** for ****, *********** **** *** ***'* ********:

****** ** *** **** *** ***** *** ************* ********* ***. Related, ******** *** **** *** ***** ** *** ********* ** the ***** ** ******* ****** ********* (*************** *******). ***** ***** **** ********* ********, **** ** *** **** the ***** ** ***** *** ******.

** *** ***** ****, *** ***** ** ** ***, ** is *********** **** ** ************* ******** ***** ** *** ** a *** ***** ** ***** ******** ** **** ******* / sell ***.

** **** *** **** *** ******* *** ***** ** ** sold...( **** **** ******** **** ** ******* ** *** ***** up ****- *** ****** ***** ******** ***** ** *** ***** couple ***** *** **** *** *** ****)...******** ** *** ****** and ****** *** ****** *** ******* *******???

******** ** *** ****** *** ****** *** ****** *** ******* profits???

******, ** ****** *** ****** *** ******* ******* (***** ** 9 *** ** **** ** **). ** **** *****, ** is ** ***** ** *** **** ** *** *******. ******* me **** ** ** ** ** ********** *** * **** off.

**** ****** ******* ** ******** *** *** *********** ****** ** shares? **** * **** ** ***** *-*******:

*** ***** *** < $***

****** *********** *** < $***

**** ******** *** < $***

**** ********* *** < $**,***,***

****'* ** **** ****?

******:*-*******.***

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