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Ahold Delhaize Looks to Amazon for Its Next CEO | Fast Five Shorts · Omni Talk Retail

• 0:00
  According
• 0:00
  to
• 0:00
  Grocery
• 0:00
  dive,
• 0:00
  Ajo
• 0:01
  Delez
• 0:01
  has
• 0:02
  nominated
• 0:02
  Claire
• 0:03
  Peters,
• 0:03
  former
• 0:03
  VP
• 0:04
  of
• 0:04
  Worldwide
• 0:05
  Fresh
• 0:05
  at
• 0:05
  Amazon,
• 0:06
  to
• 0:06
  serve
• 0:06
  as
• 0:06
  the
• 0:07
  new
• 0:07
  CEO
• 0:07
  of
• 0:08
  Ajo
• 0:08
  Delez
• 0:09
  USA,
• 0:09
  effective
• 0:10
  September
• 0:10
  8,
• 0:11
  pending
• 0:11
  shareholder
• 0:12
  approval.
• 0:13
  Peters
• 0:13
  will
• 0:13
  succeed
• 0:14
  J.J.
• 0:14
  fleeman,
• 0:15
  who
• 0:15
  is
• 0:15
  departing
• 0:15
  at
• 0:15
  the
• 0:16
  end
• 0:16
  of
• 0:16
  June
• 0:16
  to
• 0:17
  eventually
• 0:17
  become
• 0:17
  CEO
• 0:18
  of
• 0:18
  Dollar
• 0:18
  General
• 0:19
  on
• 0:19
  January
• 0:20
  1,
• 0:20
  2027.
• 0:21
  Peters
• 0:22
  brings
• 0:22
  30
• 0:22
  years
• 0:22
  of
• 0:23
  international
• 0:23
  retail
• 0:23
  experience,
• 0:24
  having
• 0:24
  also
• 0:24
  held
• 0:25
  executive
• 0:25
  roles
• 0:25
  at
• 0:26
  Woolworths
• 0:26
  Group
• 0:26
  in
• 0:27
  Australia
• 0:27
  and
• 0:27
  and
• 0:28
  Tesco
• 0:28
  in
• 0:28
  the
• 0:28
  UK
• 0:29
  and
• 0:29
  Thailand,
• 0:30
  including
• 0:30
  serving
• 0:31
  as
• 0:31
  Tesco's
• 0:32
  chief
• 0:32
  operating
• 0:32
  officer
• 0:33
  in
• 0:33
  Thailand.
• 0:34
  Jen,
• 0:34
  as
• 0:35
  our
• 0:35
  resident
• 0:35
  talent
• 0:36
  expert
• 0:36
  and
• 0:36
  if
• 0:36
  you
• 0:37
  are
• 0:37
  Ajo
• 0:37
  Delez,
• 0:38
  is
• 0:38
  this
• 0:38
  the
• 0:39
  succession
• 0:39
  move
• 0:40
  you
• 0:40
  would
• 0:40
  have
• 0:40
  made?
• 0:41
  We're
• 0:41
  starting
• 0:41
  out
• 0:42
  really
• 0:42
  hot
• 0:42
  here
• 0:43
  today.
• 0:43
  I
• 0:43
  actually,
• 0:44
  I
• 0:44
  like
• 0:44
  this
• 0:45
  move.
• 0:45
  There's
• 0:45
  a
• 0:45
  lot
• 0:45
  of
• 0:46
  information.
• 0:46
  I
• 0:47
  do.
• 0:47
  There's
• 0:48
  a
• 0:48
  lot
• 0:48
  of
• 0:48
  information.
• 0:48
  If
• 0:49
  we
• 0:49
  were
• 0:49
  handling
• 0:49
  the
• 0:49
  wreck,
• 0:50
  if
• 0:50
  we
• 0:50
  were
• 0:50
  working
• 0:50
  to
• 0:51
  fill
• 0:51
  this
• 0:51
  role,
• 0:51
  that
• 0:51
  I
• 0:52
  would
• 0:52
  need
• 0:52
  to
• 0:52
  understand.
• 0:53
  But
• 0:53
  with
• 0:53
  the
• 0:54
  information
• 0:54
  I
• 0:54
  have,
• 0:55
  I,
• 0:55
  I
• 0:55
  really
• 0:55
  like
• 0:55
  this
• 0:56
  move.
• 0:56
  I
• 0:56
  think
• 0:57
  it
• 0:57
  certainly
• 0:57
  signals
• 0:59
  that
• 0:59
  they're
• 0:59
  ready
• 0:59
  to
• 0:59
  do
• 1:00
  something
• 1:00
  different.
• 1:02
  I
• 1:02
  don't
• 1:02
  think
• 1:02
  it's
• 1:03
  expected.
• 1:03
  I
• 1:04
  think
• 1:04
  it's
• 1:04
  new
• 1:04
  and
• 1:04
  different
• 1:05
  on
• 1:05
  purpose.
• 1:06
  I
• 1:06
  mean,
• 1:06
  this
• 1:06
  is
• 1:07
  a
• 1:07
  legacy
• 1:07
  industry,
• 1:07
  right,
• 1:08
  And
• 1:08
  a
• 1:08
  legacy
• 1:09
  organization.
• 1:10
  So
• 1:10
  they
• 1:10
  obviously
• 1:11
  could
• 1:11
  have
• 1:11
  promoted
• 1:12
  from
• 1:12
  within,
• 1:13
  but
• 1:13
  hiring
• 1:13
  Claire
• 1:14
  to
• 1:14
  me
• 1:14
  says,
• 1:15
  we're
• 1:15
  ready
• 1:15
  for
• 1:16
  change,
• 1:16
  we
• 1:16
  want
• 1:16
  different
• 1:17
  moving
• 1:17
  forward.
• 1:20
  I'll
• 1:20
  hold.
• 1:20
  Delays
• 1:21
  is
• 1:21
  a
• 1:22
  super
• 1:22
  complex
• 1:22
  business,
• 1:23
  right?
• 1:23
  It's
• 1:24
  not
• 1:24
  just
• 1:25
  one
• 1:25
  organization
• 1:26
  operating
• 1:26
  a
• 1:27
  handful
• 1:27
  of
• 1:27
  different
• 1:28
  formats.
• 1:29
  We're
• 1:29
  talking
• 1:29
  about
• 1:30
  a
• 1:30
  distinct,
• 1:32
  I
• 1:32
  should
• 1:32
  say
• 1:33
  a
• 1:33
  parent
• 1:34
  company
• 1:34
  that
• 1:34
  operates
• 1:35
  distinct
• 1:35
  companies,
• 1:36
  brands,
• 1:36
  business
• 1:37
  units.
• 1:37
  Each
• 1:37
  one
• 1:38
  of
• 1:38
  them
• 1:38
  have
• 1:38
  their
• 1:38
  own
• 1:38
  leadership
• 1:39
  team,
• 1:39
  their
• 1:39
  own
• 1:39
  culture,
• 1:40
  customer
• 1:40
  base
• 1:41
  and
• 1:41
  strategies.
• 1:41
  100%.
• 1:42
  And
• 1:43
  I
• 1:43
  think
• 1:43
  it
• 1:43
  takes
• 1:43
  a
• 1:43
  pretty
• 1:44
  dynamic
• 1:44
  individual
• 1:45
  to
• 1:45
  do
• 1:46
  all
• 1:46
  of
• 1:46
  that,
• 1:46
  to
• 1:47
  be
• 1:47
  CEO
• 1:47
  of
• 1:47
  all
• 1:48
  of
• 1:48
  that,
• 1:48
  really.
• 1:48
  Well,
• 1:49
  obviously
• 1:50
  I
• 1:50
  wasn't
• 1:50
  involved
• 1:51
  in
• 1:51
  the
• 1:51
  interviews
• 1:51
  for
• 1:52
  Claire,
• 1:52
  so
• 1:52
  I
• 1:53
  don't
• 1:53
  know
• 1:53
  that
• 1:53
  for
• 1:53
  certain.
• 1:54
  But
• 1:54
  I
• 1:54
  do
• 1:54
  like
• 1:54
  some
• 1:55
  of
• 1:55
  what
• 1:55
  I
• 1:55
  see
• 1:55
  in
• 1:55
  her
• 1:56
  background.
• 1:56
  So
• 1:57
  looks
• 1:57
  like
• 1:57
  she
• 1:57
  has
• 1:57
  some
• 1:57
  consulting
• 1:58
  background
• 1:58
  on
• 1:59
  top
• 1:59
  of
• 1:59
  that
• 1:59
  grocery
• 2:00
  experience.
• 2:02
  And
• 2:02
  obviously
• 2:03
  with
• 2:03
  Woolworths
• 2:04
  and
• 2:04
  Amazon,
• 2:06
  not
• 2:06
  even
• 2:06
  necessarily
• 2:07
  traditional,
• 2:08
  especially
• 2:08
  not
• 2:08
  traditional
• 2:09
  US
• 2:09
  Grocery.
• 2:10
  But
• 2:11
  again,
• 2:12
  I
• 2:13
  see
• 2:13
  how
• 2:13
  some
• 2:13
  people
• 2:14
  might
• 2:14
  have
• 2:14
  questions
• 2:15
  about
• 2:15
  this,
• 2:15
  but
• 2:15
  I'm
• 2:16
  a
• 2:16
  fan
• 2:16
  of
• 2:16
  it
• 2:16
  if
• 2:17
  it's
• 2:17
  for
• 2:17
  the
• 2:17
  right
• 2:17
  reason
• 2:18
  of
• 2:18
  yes,
• 2:19
  and
• 2:19
  we're
• 2:19
  ready
• 2:20
  to
• 2:20
  be
• 2:20
  different.
• 2:20
  We're
• 2:21
  not
• 2:21
  ready.
• 2:21
  We
• 2:21
  don't
• 2:22
  want
• 2:22
  to
• 2:22
  stick
• 2:22
  to
• 2:22
  sort
• 2:23
  of
• 2:23
  traditional
• 2:24
  grocery
• 2:24
  and
• 2:24
  get
• 2:25
  stuck
• 2:25
  in
• 2:25
  what
• 2:25
  has
• 2:25
  been
• 2:26
  done.
• 2:26
  We're
• 2:26
  ready
• 2:26
  for
• 2:26
  someone
• 2:27
  to
• 2:27
  come
• 2:27
  in
• 2:27
  with
• 2:27
  fresh
• 2:27
  eyes,
• 2:28
  fresh
• 2:28
  perspective,
• 2:29
  and
• 2:30
  chances
• 2:30
  are
• 2:31
  Ahold
• 2:32
  has
• 2:32
  the,
• 2:33
  the
• 2:33
  talent
• 2:33
  to
• 2:34
  support
• 2:34
  her
• 2:35
  in
• 2:35
  terms
• 2:35
  of
• 2:35
  like
• 2:36
  what
• 2:36
  has
• 2:37
  been
• 2:37
  done
• 2:37
  in
• 2:37
  the
• 2:37
  context
• 2:38
  in
• 2:38
  the
• 2:38
  grocery
• 2:39
  industry
• 2:39
  that's
• 2:39
  there.
• 2:39
  To
• 2:40
  me,
• 2:40
  this
• 2:40
  signals
• 2:41
  like,
• 2:42
  we're
• 2:42
  ready
• 2:42
  to
• 2:42
  be
• 2:43
  different.
• 2:43
  And
• 2:43
  I.
• 2:44
  I
• 2:44
  think
• 2:44
  I
• 2:44
  support
• 2:45
  that
• 2:45
  move
• 2:45
  on
• 2:45
  their
• 2:46
  end.
• 2:46
  Got
• 2:47
  it.
• 2:47
  I
• 2:47
  guess
• 2:47
  one
• 2:47
  plus
• 2:48
  side
• 2:48
  is
• 2:48
  she
• 2:48
  knows
• 2:48
  Amazon's
• 2:49
  grocery
• 2:49
  strategy
• 2:50
  probably
• 2:50
  pretty
• 2:50
  well,
• 2:50
  you
• 2:50
  know,
• 2:51
  which
• 2:51
  is
• 2:51
  probably
• 2:51
  a
• 2:51
  good.
• 2:52
  A
• 2:52
  good
• 2:52
  thing
• 2:52
  to
• 2:52
  bring
• 2:52
  to
• 2:53
  the
• 2:53
  table,
• 2:53
  you
• 2:53
  know,
• 2:54
  to
• 2:54
  whatever
• 2:54
  degree
• 2:54
  she
• 2:55
  about
• 2:55
  it,
• 2:56
  you
• 2:56
  know,
• 2:57
  which
• 2:57
  is
• 2:57
  something
• 2:57
  you
• 2:57
  have
• 2:57
  to
• 2:57
  keep
• 2:58
  in
• 2:58
  mind.
• 2:58
  But.
• 2:58
  So
• 2:59
  that's
• 2:59
  interesting,
• 2:59
  Jen.
• 3:00
  So,
• 3:00
  like,
• 3:00
  to
• 3:00
  me,
• 3:00
  the
• 3:01
  only
• 3:01
  thing
• 3:01
  I'd
• 3:01
  say
• 3:01
  is,
• 3:01
  like,
• 3:01
  that
• 3:02
  bar
• 3:02
  feels
• 3:02
  really
• 3:02
  low
• 3:02
  to
• 3:03
  me
• 3:03
  in
• 3:03
  terms
• 3:03
  of,
• 3:03
  like,
• 3:03
  we
• 3:04
  just
• 3:04
  want
• 3:04
  somebody
• 3:04
  that
• 3:04
  can
• 3:04
  shake
• 3:05
  it
• 3:05
  up.
• 3:05
  Like,
• 3:05
  couldn't
• 3:05
  you
• 3:05
  find
• 3:05
  somebody
• 3:06
  with
• 3:06
  US
• 3:06
  Grocery
• 3:07
  experience
• 3:07
  that
• 3:08
  could
• 3:08
  shake
• 3:08
  it
• 3:08
  up?
• 3:09
  Sure.
• 3:09
  There
• 3:09
  were
• 3:09
  other
• 3:09
  candidates
• 3:10
  considered
• 3:10
  that
• 3:11
  had
• 3:11
  more
• 3:11
  traditional
• 3:12
  US
• 3:12
  Grocery
• 3:13
  experience.
• 3:14
  I.
• 3:15
  I'm
• 3:15
  just
• 3:16
  saying
• 3:16
  that
• 3:16
  with
• 3:16
  the
• 3:16
  information
• 3:17
  I
• 3:17
  have
• 3:17
  and
• 3:17
  what
• 3:17
  I
• 3:18
  see,
• 3:18
  like,
• 3:18
  making
• 3:18
  this
• 3:19
  move
• 3:19
  says
• 3:21
  whatever
• 3:22
  she
• 3:22
  brought
• 3:22
  to
• 3:22
  the
• 3:22
  table
• 3:23
  was
• 3:23
  different
• 3:23
  enough
• 3:24
  that
• 3:24
  they
• 3:24
  were
• 3:24
  willing
• 3:25
  to
• 3:27
  adjust
• 3:27
  their
• 3:28
  bar.
• 3:28
  I'm
• 3:28
  sure
• 3:28
  their
• 3:28
  original
• 3:29
  bar
• 3:29
  said
• 3:29
  they
• 3:29
  had
• 3:30
  to
• 3:30
  be
• 3:30
  U.S.
• 3:30
  grocery,
• 3:32
  and
• 3:32
  I'm
• 3:32
  not
• 3:32
  certain
• 3:32
  of
• 3:32
  that.
• 3:33
  Right.
• 3:33
  But
• 3:33
  I
• 3:33
  think
• 3:33
  whatever
• 3:34
  she
• 3:34
  brought
• 3:34
  to
• 3:34
  the
• 3:34
  table
• 3:34
  was
• 3:35
  enough
• 3:35
  that
• 3:35
  they
• 3:35
  said,
• 3:36
  okay,
• 3:36
  great.
• 3:36
  Like,
• 3:36
  this
• 3:37
  isn't
• 3:37
  the
• 3:37
  exact
• 3:37
  resume
• 3:38
  we
• 3:38
  would
• 3:38
  have
• 3:39
  looked
• 3:39
  for
• 3:40
  originally,
• 3:41
  but
• 3:41
  after
• 3:42
  meeting
• 3:42
  her,
• 3:42
  she's
• 3:43
  exactly
• 3:43
  who
• 3:43
  we
• 3:43
  need
• 3:44
  for
• 3:44
  the
• 3:44
  job.
• 3:44
  Yeah.
• 3:45
  And
• 3:45
  I
• 3:45
  guess
• 3:45
  she
• 3:45
  does
• 3:45
  have
• 3:46
  some
• 3:46
  US
• 3:46
  Grocery
• 3:47
  experience,
• 3:47
  having
• 3:47
  run
• 3:47
  Amazon
• 3:48
  Fresh,
• 3:48
  although
• 3:49
  we
• 3:49
  don't
• 3:49
  know
• 3:49
  how
• 3:49
  that
• 3:49
  went,
• 3:50
  but
• 3:50
  I
• 3:50
  guess
• 3:50
  it
• 3:50
  does.
• 3:51
  It
• 3:51
  does
• 3:51
  count.
• 3:51
  What
• 3:52
  about
• 3:52
  the
• 3:52
  fact
• 3:52
  too,
• 3:52
  Jen?
• 3:53
  I
• 3:53
  mean,
• 3:53
  the
• 3:53
  one
• 3:53
  misgiving
• 3:53
  I
• 3:54
  have
• 3:54
  in
• 3:54
  terms
• 3:54
  of
• 3:54
  like,
• 3:54
  and
• 3:54
  I
• 3:55
  don't
• 3:55
  know
• 3:55
  Claire
• 3:55
  at
• 3:55
  all,
• 3:56
  but
• 3:56
  I
• 3:56
  just
• 3:56
  think
• 3:56
  this
• 3:57
  isn't
• 3:57
  the.
• 3:57
  I
• 3:57
  think
• 3:58
  for
• 3:58
  me
• 3:58
  personally,
• 3:58
  this
• 3:58
  isn't
• 3:59
  the
• 3:59
  resume
• 3:59
  I
• 4:00
  would
• 4:00
  want,
• 4:00
  and
• 4:01
  particularly
• 4:01
  when
• 4:01
  I
• 4:02
  put
• 4:02
  it
• 4:02
  in
• 4:02
  context,
• 4:03
  because
• 4:04
  the
• 4:05
  actual
• 4:05
  parent
• 4:06
  ahold
• 4:06
  Delez,
• 4:07
  they
• 4:07
  have
• 4:07
  a
• 4:08
  new
• 4:08
  CEO
• 4:08
  coming
• 4:08
  in
• 4:09
  too,
• 4:09
  who's
• 4:09
  also
• 4:10
  an
• 4:10
  outsider,
• 4:10
  which
• 4:10
  means
• 4:11
  now
• 4:11
  you
• 4:11
  have
• 4:11
  an
• 4:11
  outsider
• 4:12
  running
• 4:12
  the
• 4:12
  global
• 4:13
  brand,
• 4:14
  and
• 4:14
  now
• 4:14
  you
• 4:14
  have
• 4:15
  an
• 4:15
  outsider
• 4:15
  running
• 4:15
  the
• 4:16
  US
• 4:16
  Operation,
• 4:16
  too.
• 4:17
  And
• 4:17
  it
• 4:17
  just
• 4:17
  seems
• 4:18
  like
• 4:18
  a
• 4:18
  lot
• 4:18
  of
• 4:18
  change
• 4:19
  at
• 4:19
  one
• 4:19
  time.
• 4:20
  So
• 4:20
  I
• 4:20
  just.
• 4:21
  For
• 4:21
  that
• 4:22
  reason
• 4:22
  alone,
• 4:22
  I.
• 4:23
  I
• 4:23
  don't
• 4:24
  love
• 4:24
  it.
• 4:24
  And
• 4:24
  I
• 4:24
  don't
• 4:25
  love
• 4:25
  the
• 4:25
  fact
• 4:25
  because
• 4:26
  I
• 4:26
  do
• 4:26
  think
• 4:26
  the
• 4:26
  US
• 4:27
  Grocery
• 4:27
  market
• 4:28
  is
• 4:28
  very,
• 4:29
  very
• 4:29
  specific
• 4:30
  in
• 4:30
  terms
• 4:30
  of
• 4:31
  how
• 4:31
  it
• 4:31
  works
• 4:31
  and
• 4:31
  how
• 4:32
  it
• 4:32
  operates,
• 4:32
  that
• 4:32
  I
• 4:33
  think
• 4:33
  not
• 4:34
  having
• 4:34
  someone
• 4:34
  that
• 4:35
  has
• 4:35
  some
• 4:36
  track
• 4:36
  record
• 4:36
  of
• 4:36
  success
• 4:37
  in
• 4:37
  that
• 4:37
  market,
• 4:38
  you're
• 4:38
  kind
• 4:39
  of
• 4:39
  taking
• 4:39
  a
• 4:39
  flyer
• 4:40
  on.
• 4:40
  On
• 4:40
  him
• 4:40
  or
• 4:40
  her,
• 4:41
  no
• 4:41
  matter
• 4:41
  who
• 4:41
  it
• 4:41
  is.
• 4:43
  Yeah,
• 4:43
  it
• 4:43
  does.
• 4:44
  It
• 4:44
  does
• 4:44
  certainly
• 4:44
  seem
• 4:44
  like
• 4:45
  they're
• 4:45
  willing
• 4:45
  to
• 4:45
  bet
• 4:45
  on
• 4:46
  her
• 4:47
  based
• 4:47
  on
• 4:47
  whatever
• 4:48
  they
• 4:48
  learned
• 4:48
  about
• 4:49
  her
• 4:49
  in
• 4:49
  the
• 4:49
  interview
• 4:50
  process,
• 4:51
  because
• 4:51
  it
• 4:51
  is
• 4:51
  one
• 4:52
  of
• 4:52
  those,
• 4:52
  again,
• 4:53
  while
• 4:53
  I
• 4:54
  actually
• 4:54
  am
• 4:55
  energized
• 4:55
  by
• 4:55
  it,
• 4:56
  because
• 4:56
  I'm
• 4:56
  like,
• 4:56
  yeah,
• 4:56
  let's
• 4:57
  do
• 4:57
  something
• 4:57
  different.
• 4:57
  Yeah,
• 4:59
  it
• 4:59
  certainly
• 4:59
  isn't
• 5:00
  what
• 5:00
  I
• 5:00
  would
• 5:00
  have
• 5:00
  expected.
• 5:01
  Right.
• 5:02
  I
• 5:02
  wouldn't
• 5:02
  have
• 5:02
  expected
• 5:03
  that.
• 5:03
  So
• 5:03
  this
• 5:04
  feels
• 5:04
  like
• 5:04
  a
• 5:04
  resume
• 5:05
  that
• 5:05
  when
• 5:05
  we're
• 5:05
  working
• 5:05
  on
• 5:05
  a
• 5:06
  search,
• 5:06
  we
• 5:07
  might
• 5:07
  have
• 5:07
  to
• 5:07
  talk
• 5:07
  the
• 5:08
  client
• 5:08
  into
• 5:08
  the
• 5:09
  interview.
• 5:10
  Right.
• 5:10
  We
• 5:10
  might
• 5:10
  have
• 5:10
  to
• 5:10
  say,
• 5:10
  look,
• 5:11
  I
• 5:11
  know
• 5:11
  based
• 5:11
  on
• 5:12
  this
• 5:12
  resume,
• 5:12
  it's
• 5:13
  not
• 5:13
  exactly
• 5:13
  what
• 5:13
  you
• 5:14
  wanted
• 5:14
  to
• 5:14
  see,
• 5:14
  but
• 5:14
  I'm
• 5:15
  telling
• 5:15
  you,
• 5:15
  after
• 5:15
  speaking
• 5:16
  to
• 5:16
  this
• 5:16
  individual,
• 5:17
  you
• 5:17
  want
• 5:17
  to
• 5:17
  hear
• 5:17
  what
• 5:18
  she
• 5:18
  has
• 5:18
  to
• 5:18
  say.
• 5:19
  And
• 5:19
  sometimes
• 5:20
  those
• 5:20
  are
• 5:20
  the
• 5:20
  best
• 5:20
  candidates,
• 5:21
  the
• 5:22
  people
• 5:22
  that
• 5:22
  would
• 5:22
  have
• 5:22
  been
• 5:22
  sort
• 5:23
  of
• 5:23
  automatically
• 5:24
  turned
• 5:24
  down
• 5:24
  if
• 5:24
  we
• 5:24
  really
• 5:25
  were
• 5:25
  strict
• 5:26
  on
• 5:26
  resume
• 5:26
  alone.
• 5:27
  So
• 5:27
  I
• 5:28
  hear
• 5:28
  what
• 5:28
  you're
• 5:28
  saying,
• 5:28
  and
• 5:28
  I
• 5:29
  do.
• 5:29
  I
• 5:29
  would
• 5:29
  certainly
• 5:30
  have
• 5:30
  questions.
• 5:31
  I
• 5:32
  just
• 5:32
  think,
• 5:32
  to
• 5:32
  me,
• 5:32
  what
• 5:32
  it's
• 5:33
  signaling,
• 5:33
  both
• 5:33
  of
• 5:34
  those
• 5:34
  hires
• 5:34
  being
• 5:34
  outsiders,
• 5:35
  is
• 5:35
  that
• 5:37
  the
• 5:37
  board,
• 5:37
  you
• 5:38
  know,
• 5:38
  I
• 5:38
  think
• 5:38
  they're
• 5:38
  just
• 5:39
  ready
• 5:39
  for
• 5:39
  change,
• 5:40
  and
• 5:40
  they're
• 5:41
  bringing
• 5:41
  in
• 5:41
  that
• 5:41
  change
• 5:42
  by
• 5:42
  this
• 5:42
  change
• 5:42
  in
• 5:43
  leadership.
• 5:43
  And
• 5:43
  it's.
• 5:43
  It's
• 5:44
  always
• 5:44
  going
• 5:44
  to
• 5:44
  be
• 5:44
  a
• 5:44
  risk.
• 5:45
  They're
• 5:45
  betting
• 5:45
  on
• 5:46
  these
• 5:46
  decisions,
• 5:47
  but
• 5:48
  perhaps
• 5:48
  a
• 5:49
  necessary
• 5:49
  one.