Succession ****
********* *** ******** ** *********, **** the ***** "********* *** ***** ********* Officer" ********* ** ** *** ************ on ******* ****. ** **** *** role ** **** ***** ******* ********* Fernandes, **** *** **** *** ********* to **** **** ** *** **** time ** ****. ********* **** ******** his ******** ** *** ***** *****.
Fernandes ********** ******* **********
*** ********** ***** *** ******** ** Alexander ********* *** **** ** ******* debate, **** ****** ******** ******* ***.
*** ************* ********* *** ** '*************', ******* 'Questionable **********'.
********* ******* ** ************ **** *** *** ********:
**** ******* ********* ** *** ********** ******** ********** ***** **** ********** ********* *********** **** ********'* CEO:
***** ********* *** ******** *** **** ****** with **** ********* **** *********' ******** and ******* ***** ********** ******** ***** views ** *** *******.
Henderson ***** ****** ****
*********'* ************ ** *** *** ********* comes ******* *.* ***** ***** *** first ********* ********* ** **** ********* of ***** ******** *****, *** **** 6 ****** ***** ****** *** ** sales-oriented ***** ** * *********-**** *** role. **** ** * **** ***** advancement, ************ ******** *** *** **** to *** ** * ******** ****** company.
Opportunity *** *********
*******, ******** ** ** * **** position, ******* ********* **** * ********** stable ******* ** **** ****. **** have **** ********* *** ********, **** a **** ***** ********** *********, *** recent ******** ******* **** *********** *** *************. **** ** ***** ******* *** need *** ********* ** **** ****** drastic *******, ** **** *** ******* in * ********* ********* ***** ****** over ** ***, ****** *** ** opportunity ** **** * ****** ****** organization.
********* **********
**** ** *********'* ***** **** ** CEO, something **** ***** ********* ** *********** for *** **********. ********, ***** ******** traded, ***** *** **** **** **** complicated, *** ** *** ** **** stock *********** *** **** ******* ***** falling **** *** *** **** **** in ***** ****. **** *********** ***** ** ******** for **** ****-******** ***'*, ********* **** need ** **** ** ** ***** on *** ****** ********** *******, *** then ********* **** ***** ** ** done ** *** *** ******* ** a ****** ****** *****.
********* ** ***** ** ** ****** involved **** **** *********** ****** *** company, ********* **** **** ** ****** if ** ***** ** ******** **** same ***** ** ***********, ** ** department ***** *** ** **** **********.
************, **** ********* *********** *** ******** as ******** ** *** *****, ** will ***** **** ******** ******* ** the *******, ***** ***** ********* **** of *********'* ******* ** **** *** company in *** **********.
Positive ******** ********
********* ****** *** ******* **** **** spoke **** **** ********* ******** ***** the ******** ****** ** ********** ** Avigilon.
Stock **** ** ************
****** ******** ** *** ************ ******** in * ****** **** ** ********'* stock ***** ********** *** ***** ******* of *** ******* *** ****** ** recovered ********, *** ***** ****** **** ~3% **** *** ******* ***** ** $19.25:
Buyout/Sale ********
****** ******** ****** ** ******* ****** ******* this ****, **** *** *** **** ** fruition *** ** ** *** ***** * sale ** *** ******* ** ****** in *** **** ******. ** ***** ************, of ***** ********* ** ***, ******** to **** *** *******, ** ********** change ** *** *** ***** **** little *****. ** ** ***** ******** that ********* *** ***** ** **** the ******* ** ** ***** **** on ** ***** *********, *** ******* a ******** ***** ******* ** **** down, ****** **** ******** *** ** indefinite ****.
Avigilon *******
** ***** *** ********** *** ***** shifts **** ******** ****** *** **** ****** where ********* ** ** *** ******* of ****** *** *** ********* ** in *** ******* ** ****** **. The ******** ** ****** ** ** a ************ ** ********'* ****** ******** strategy, **** **** ******* ************* *** other ***** ** ********, *** ** major ************ ** ******* ** *** business *****.
**** ***** ********* ***** **** ** CEO, ******** ******* *** ******** *** some ****. **** ******* ** ******** staying ** ***** ******* ****** *** the *********** ******, ******* ******* ** profits, *** *********** *** **** ************ approach **** ********* *** ********* ***** in *** ***** **** *** *******.
Alexander Fernandes, Avigilon's "Founder, President, Chief Executive Officer and Chairman of the Board" has already shed the President title, and soon will lose the CEO designation as well. Taking over is Avigilon's COO, James Henderson [link no longer available].
Comments (5)
Robert Baxter
"If major shareholders, of which Fernandes is one, intended to sell the company, an unexpected change of the CEO would make little sense"
Actually, to put in place new leadership makes perfect sense for the major shareholder to do prior to selling.
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Undisclosed #1
No rumor on what A.F. plans to do with his free time once things are transitioned?
Relax and Enjoy Life?
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