johnsonrod
Well-known member
- Joined
- Feb 25, 2006
- Posts
- 4,218
This CFO is calling the shots. Barger out busy getting new international feed. It is concerning he says 'Jetblue wants to fund all growth through cash flow' . Capital intensive industries do not fund all growth through free cash flow. This is not a low barrier to entry arena. Would any CFO fund an automobile or steel factory with free cash flow? The place would never get off the ground. His comments have been cryptic.
CFOs take over when the BOD says fatten this cattle up for the ranchers auction.
A very influential CFO took over CAL. 6 months later shazam...............
The current CAL CEO was the former General Counsel and then I believe the President before assuming the CEO role.