There was no lack of candidates, but we had a hard time finding the right person. After 6 months the board thought they had set their standards too high for a single person. They looked around the company itself and found those attributes in various people - in fact two people. The board was happier looking inside the company instead of outside - continuance of leadership instead of someone coming in with their own people. This was a testament to the company's business being fundamentally strong.
Art has overall responsibility for the actions of the company.
He's focusing his time with customers and partners, as well as providing leadership and vision to the troops. We then looked at our business and where we were making our money. For now, the majority of money is being made in North America and Asia. We weren't making a lot in Europe. When the market was hot we hired on a bunch of people, but things settled out and the way the market looks the business was not coming from Europe.