I don't think there's going to be any major changes. As president, Jonathan was pretty much running all the operations of the company. Scott was working on strategy and longer-term vision.
More Quotes from John Murphy:
Pensions are not out of control. They're the most predictable type of expense. Some people just don't want to pay their bills.John Murphy
North America posted a loss almost twice our estimate.
John Murphy
Although we think Magna is one of the best operators in the auto industry, with proprietary technology and a solid balance sheet, we believe that industry headwinds will keep a lid on results and the stock in the near-term.
John Murphy
We believe that investors should be offered a higher yield than just 4.5 percent for a risky investment in GM stock.
John Murphy
The upscale customer is shopping our store. Are they interested in everything we have to offer No. This is a test store. Can we make that leap to where they are interested in other parts of the store
John Murphy
These asset sales are indicative of a company in trouble attempting to head off a near-term liquidity crunch.
John Murphy
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I carry a notebook with me everywhere. But that's only the first step.
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