The internal messaging is the same as external: "buisness is strong, we continue to execute as we did, looking for a new ceo".
However, if you read between the lines, it sounds like the board might have been looking for an excuse to oust Mike, who preferred high risk ventures and expansions, and replace him with someone experienced in bringing companies to an IPO. It seems like this is an attempt to kill two birds with one stone, in terms of bad press.
However, if you read between the lines, it sounds like the board might have been looking for an excuse to oust Mike, who preferred high risk ventures and expansions, and replace him with someone experienced in bringing companies to an IPO. It seems like this is an attempt to kill two birds with one stone, in terms of bad press.