Hey Steve! Interesting that Wes Bush is stepping down. Worked for NG for over 20 years myself before retirement.
I looked at the stock and the shares are around 320/share. When I started work there, stock shares were about 30/share. In the last several years, the stocks of all the major defense industries have risen rapidly. I can only think it’s because they were businesses that were stable during a rather unstable economic time during Obama’s reign of terror.
Don’t know anything nefarious about Wes; we were instructed to only take contracts where we could earn double digit profits -which wasn’t often, given that the watering hole that was the DOD/DOE/DHS/Intel budgets were steadily drying up. Can’t wait to see if there is some other underlying reason for Wes’ resignation.
And John Schnatter from Papa Johns stepped down as board chair