Monday, June 18, 2007

The Power of a CEO

Shortly after Angel Martinez took over at Deckers after leaving Keen, the stock price bottomed out at $21.27. That was in April of 2005. Since then, Mr. Martinez has given stockholders a 344% return on their investment and the stock is trading at over $93.

Some people say that there is too much money pouring into the outdoor industry and we can't keep up with Wall Street's expectations. If we can keep turning out CEO's like Angel, and brands like Teva, Ugg and Simple, I'd say we're surpassing expectations...

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