Not sure if this is good news to have Mick Hollison promoted to President due to him being the Chief of Marketing before and we all know how little marketing Cloudera does outside of Facebook. Hopefully, Bearden and Hollison can get Cloudera noticed on a larger scale.
5 replies (most recent on top)
Now we all know why there was no press release for Mick Hollison when he became "President". He was just a stooge stand in that could complete the day to day paperwork while Bearden was working with the board to sell to private equity. Also, that explains why Mick was never made a member of the board even though he became President. Cloudera ever so transparently classless until the very end.
Sure naming a new president does not need a press release and the SEC filing fulfills the company's obligation. However, President's of company's tend to be successors to the CEO so it is customary to issue a press release in order to show respect for and confidence in the chosen person. Why should any mutual fund/hedge fund managers, analyst recommend or invest in a company that does not choose to show respect, confidence and enthusiasm in their newly chosen President?
Announcing a new president does not require a press release. Simple restructuring within the co and it was filed with the SEC which MOST investors follow. Learn the basics before spouting nonsense
“Every cloud stock” has NOT tripled the last year. Your comment is an embarrassment.
every cloud/tech stock has tripled the past year and this is still sitting at $11. To think. This was about $20 a few weeks ago. What a total embarrassment. Not even a press release to announce the new President.