“we no longer feel the need to attend every meeting together or read all the same memos. Instead, we can better divide the job of leading this great company and simplify the decision-making process.”
“Our results in the quarter were good in the face of continued pressure on our margins and pricing, and an increasingly competitive environment in virtually all markets,”
“The actions to standardize and consolidate our operations and technology platforms and improve our efficiency will take place over the next 12 to 18 months, ... We believe we can manage the dynamics we confront while improving our growth opportunities.”
“The institution is simply too important and the role -- particularly now with many of the changes going on in corporate America -- is too important. And I just felt that if I could help out on an interim basis, that I was honored to do so.”
“To name a great executive, say from the aerospace industry, who [is unfamiliar] with trading didn't make sense. We felt we had to look in the industry.”
