Dr. T Retiring From CEO Position

[Reds]

For those of you who haven't seen, Dr. T is transitioning out of CEO role:

http://www.evaluationengineering.com/ni-announces-transition-plan-davern-become-ceo-president-january-1

[eberaud]

Wow that's a big deal. Even though he remains chairman of the board, it's still a huge page that is turned in the NI book!

[smithd]

Its nice to see him decide to move on. It'll be interesting to see if the company changes with Davern in charge (esp since he is the CFO/OO with a business and accounting background).

Edited September 1, 2016 by smithd

[MarkCG]

18 hours ago, smithd said:

Its nice to see him decide to move on. It'll be interesting to see if the company changes with Davern in charge (esp since he is the CFO/OO with a business and accounting background).

yeah really hoping he won't drive the company into ground. You always hear horror stories about CEOs strip mining the company to boost stock prices in short term and get a nice bonus.

[TerryS]

From my interactions with him, Davern does not seem like the 'typical' businessperson, and though not technical I am not sure you need a technical CEO.