Neil Ashe
Earnings for Acuity are projected to decline 28-50% from FY2019-2022, significantly below consensus estimates, due to cyclical volume declines and pricing pressure.
Despite Neil Ashe's digital transformation expertise and inspirational leadership, sources believe he will struggle to manage Acuity through the impending recessionary downcycle.
Ashe's strategy to transform Acuity into an industrial tech company faces hurdles from COVID-19 delays and reduced demand for smart lighting, impacting volumes and margins.
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