via Games Workshop Investor Relations:
I can't fault elevating a 16 year veteran of the company who managed the operations, to CEO. If you are going to hire someone internal, that is the right position to hire from.
But what we most likely get is stagnation. It is doubtful there will be new thinking or new ideas. I am sure Kevin is extremely capable, but he would only have been hired if he was going to follow the Kirby plan, the results of which have gotten GW into the situation they are in.
The only good news is Tom Kirby is now non-executive chairman, so his role is, on the surface, smaller. Let's hope he allows Kevin the room to put HIS imprint on a company that needs a massive overhaul.
I am hoping for the best, but in all honesty, GW needs to be a privately held company.