From the perspective of obtaining a top gun for the CEO position. It is easier to attract a top gun to the TOP position and if it is certain that top position is open. Could you imagine a guy like Constantine K accepting the second tier position? I think not. IMHO Billingsley was part forced and partly made up his own mind about vacating his position. The other two just went along for the ride.  the net result opens the door for an improvement of management for the next phase. Get some experienced business people in place there. No more f33&cking around.  This is a good development.