Originally Posted by Antonio Perez, CEO of Kodak
"Film is going to follow its own destiny," he said. "Right now, entertainment (motion-picture) imaging is very stable, is very good for the company. ... If that goes digital, which eventually I believe it will, then we'll do something else. We will do what's better for the shareholders."
Sorry Art, but if I was a shareholder this is exactly what I would want him to say at the shareholder's meeting!
Originally Posted by gr82bart
An idiot would have told the owners to "bug off". And such an idiot would soon be out of a job.
Perez's (and any CEO's) loyalty and fiduciary responsibility is first and foremost to the owners of the Company! What would make you think it would or should be anything else?