| Topic Name: |
Rumor Mill |
| Message Name: |
PH is asked to move on |
| Date Posted: |
01/30/2006 |
| Message: |
Heard a rumor that PH is asked by the board to move on and he will leave in Q3 2006.
Reasons
1. Big bad Ego
2. Bad merger with E&Y.
3. Fight with 5 NA CEOs
4. Bad offshore practice development planning and execution
5. Bad marketing and loss of brand recognition
He wants an honorable exit hence he is pushing for NA to be profitable and bring the stock over 42/43 Euros in Q2.
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