Oh that Lanny!
Lanny Baker's former colleagues are impressed with his Monster success. Here's Douglas Arthur from Morgan Stanley:
The most surprising development surrounding Monster’s fourth quarter was the stock’s surge. In addition, [sic] to the positive reaction regarding int’l profitability, the market has clearly warmed up to the relatively new CFO, Lanny Baker, a refugee of sell-side research. Baker’s style, the more deliberate use of cash, the detailed projections, and the emphasis on return on investment is lending this heretofore, occasionally unpredictable story –- more certainty! We now term this “the Baker Put”.
Congratulations, Lanny! You've certainly earned your keep!
