More On Our CFO

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The longer I am in the public markets as a CEO the more I am amazed about the speculation and rumor that takes place when a public company makes an annoucement.

I have had over 20 phone calls today from various Mutual Fund managers trying to find out the "real" reason that Chris Baudouin, our CFO, resigned.

My earlier post today stated there was no "story" - Chris decided to make a career move and get away from the pressures of being the CFO of a public company on the move.

So let me add one thing which I only found out a few mintues ago: Chris is going into the financial planning business with a colleague who has been looking for an experienced partner. Chris' commute will be reduced from one hour to 10 minutes. He will no longer have to work 14 hour days, work on weekends and travel every few weeks to our various offices around the world. And finally he can spend more quality time with his three little boys -- sounds nice!

Now readers know what I know about the situation. Of course feel free to ask questions about this matter at our quarterly financial conference call in November.

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