CA’s Chairman and CEO Sanjay Kumar has stepped down and resigned his position from the board. Enron/WorldCom style accounting scandals have reached our industry. It is a sad day. In a strange move, CA has created a new position for Kumar as chief software architect. Why keep him around at all? Did he do something wrong? If not why did he have to resign then? Investors and customers want to know.
Sanjay is also the co-owner of the New York Islanders NHL team, is there something going on there too? I mean they just lost in the first round of the playoffs.
A sidebar, I have always wondered what it would be like if CA were based in Canada. Their home page would be www.ca.ca
Ha!
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Disclaimer The opinions expressed herein are my own personal opinions and do not represent my employer's view in anyway.