Originally Posted by
1A_Please
I have to question the wisdom of announcing the new CEO but letting the outgoing CEO hang around for another 6 months. It is unclear who has authority in the meantime and a sign of weakness by the Chairman who is unable or unwilling to tell the outgoing CEO to do a quick victory lap and leave ASAP. Goyder, who seems pretty impotent against his CEOs, has done this extended leaving period at both Qantas and AFL.... twice in the same week.
I guess when an FO gets a command allocation you don’t just hand over 4 bars and pay them the $$$ straight away. There is training involved and it’s clear who is in command when that training is being conducted. Maybe Mr G thinking the same.