Majali has a proven track record
Anyone's track is as good as it publicised by the Company and Media. GF had many cases in not a very distant past.
To be good you need to be rational, cut expenditure and start anew. That's painful and the new democracy in Bahrain will not like it.
2 ways to follow. Listen to the MPs and continue the status quo or have the government be the first one to step in and take the blows caused by the new CEO to make GF start from scratch, lean and mean.