Archived posting to the Leica Users Group, 2015/03/03
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Nathan, some of speak only 1 language.... and translation SW tends to not get the nuances.... So please be patient with us mono-linguists. Interesting that your take on the article is so different from the report from LeicaRumors.... But that IS the nature of rumors..... Frank Filippone Red735i at verizon.net Actually, if you take the trouble to read the German article, you get a somewhat different picture. The departing CEO is not "potentially" departing, he IS departing, to be replaced by Oliver Kaltner, until now responsible for operations and marketing, and with a past at Microsoft and Sony. The change surprised analysts because Leica's financial performance in the past few years has been good. Rather than looking to sell Leica, the theory in the magazine is that Blackstone is looking for even higher profitability from Leica to offset its other major German investment, Jack Wolfskin, that is not doing well. Nowhere in the article is there any mention of a potential sale of Blackstone's Leica shares. Also note that Andreas Kaufmann is still the majority shareholder. Cheers, Nathan Op Di, 3 maart, 2015 07:32, schreef Frank Filippone: > The German website manager-magazin.de published an article about the > potential replacement of the current Leica Camera CEO Alfred Schopf. I > was told that this is not the first and it is not going to be last > change in top management. There are rumors that Blackstone is not > happy with the current performance of the German camera manufacturer. > Some reports even suggest that Blackstone Capital is looking to > quickly "dump" their Leica investment and Panasonic is most likely the > candidate for replacement. There have been unconfirmed reports that > Leica recently posted internal losses in all but > 2 > global markets which could explain the recent US discounts. There > seems to be also some issues with licensing fees for the use of the > Leica brand name. > > > > From LeicaRumors.com: http://leicarumors.com > > > > > > Frank Filippone > > Red735i at verizon.net > > > > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information > > -- Nathan Wajsman photo at frozenlight.eu _______________________________________________ Leica Users Group. See http://leica-users.org/mailman/listinfo/lug for more information