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CEO François Desjardins OUT
June 15, 2020
6:26 am
picassocat
Québec
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Bye-bye president and CEO of Laurentian Bank François Desjardins

https://business.financialpost.com/news/fp-street/laurentian-bank-ceo-francois-desjardins-to-step-down-2

Strained relationship with employees, closing of all branches outside Québec, micro sizing services, cutting dividends, almost an non-investment grade credit rating. Where is Laurentian bank heading?

I'm not surprised.

June 15, 2020
11:09 am
GICinvestor
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April 26, 2019
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picassocat said
Bye-bye president and CEO of Laurentian Bank François Desjardins

https://business.financialpost.com/news/fp-street/laurentian-bank-ceo-francois-desjardins-to-step-down-2

Strained relationship with employees, closing of all branches outside Québec, micro sizing services, cutting dividends, almost an non-investment grade credit rating. Where is Laurentian bank heading?

I'm not surprised.  

I guess he was brought in to be the bad guy. I imagine, paid well, and a real nice severance. Should you blame him or the corporate decision makers?

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