Q: Regarding BCE under performance. In your opinion do you think a CEO replacement is in order and might rejuvenate the stock price and give investors more confidence in management. It seems to me that the current CEO is "reaching" for growth by looking South to a more competitive market and it won't end well. Has the board at BCE ever replaced their CEO? If I understand correctly the CEO said the dividend was not going to change in 2025 and from your last post you stated the board might reduce it. Am I incorrect or is this another example of misinformation from the current CEO?
5i Research Answer:
The Board has decided to 'review' the dividend, which is often a precursor to a cut. Boards typically would never announce a review for an increase. To our knowledge, BCE hasn't fired a CEO, but they have 'abruptly quit' (2003) which often is a sign that they might have been fired.