The Lanny Effect
Since being named CFO last March, Lanny Baker has presided over a 50% increase in Monster's stock price:
Let's make a list of smart Lanny moves:
- Divesting non-core assets
- Reigning in the acquisition appetite
- Initiating a stock buy back
- Focusing on cash flow generation
I bet those have something to do with the stock price moves, don't ya think?
That's one smart cookie, that Lanny Baker, and the industry sure is lucky to have him.
