Originally Posted by
Variable Incidence
And Paul Scurrah reckons that Virgin was “headed towards profitability in the not-too-distant future”. Please! “
Begs the question then, is PS really the best man for the job going forward, given business metrics were actually getting worse?!
I think it’s a case of the new finance guy walks in and finds surprises left right and centre.
He was only in the job for a month or two before he issued a heavy profit downgrade. He obviously found all sorts of stuff.
A few months prior to that the Italian was on some Business show bleating ‘leaving on a
high’ ... ‘best shape the business been in’...’best profit result in my tenure’ ...and some comment about how good he was or something but I won’t even entertain what he said.