FlyerTalk Forums - View Single Post - AC CEO Calin Rovinescu to Retire February 2021; to be succeeded by Michael Rousseau
Old Oct 16, 2020, 10:57 pm
  #6  
tracon
 
Join Date: Dec 2002
Posts: 8,000
Only four replies to this. I though there would have been 4 pages by now.

It seems common for CEO's to depart when the tragectory of a company changes.
Calin has been around a long time.He led the company through a great growth phase.
He seems to have a great rapport with employees.
Now that layoffs and tough love are in order, it's time for a CEO who isn't as emotionally linked to the employees.
In five years when times are better, a new CEO will come in. Mr. Smith? and lead AC through the next growth phase.

How much does the price of Rovinescu's stock options have to do with retirement?

P.S. I've said in the past, the elimination of Rouge will be announced within a year or Rovinescu's retirement.
The clock is ticking.
tracon is offline