Financial PerformanceStrong rate increases for MH and RV at over 5% are expected, with a reduction in general and administrative as well as operating expenses by $15-20M.
Leadership ChangeThe retirements of CEO Gary Shiffman and a Board member could lead to a significant overhaul of the overly-complex business.
Management StrategyThe return of John McLaren, coupled with a $15-20M restructuring and cost-cutting plan, is viewed positively.