"He is an outstanding CEO who has led this company through a period of tremendous growth and transformation."
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Today we hear that Rene Marion is stepping down from the CEO's job at AuRico (AUQ) due to illness. We also get the normal corporatese gibberish about the guy from the people he's leaving behind which in this case goes...
...but the cruel reality tells a completely different story:
CEOs are not accountable to their lackey officers, CEOs are account to shareholders. And by looking at that chart for about 5 seconds anyone with a modicum of common sense can see that shareholders in AUQ will be happy to see him go, whatever the reason. That too blunt for you? Tough titty, this is capitalism not a love-in. Marion failed his shareholders, period.