Picture this. It’s February 2015, and a beaming Aristocrat chief executive Jamie Odell is handing down the company’s results for the year to 31 December 2014. Normally a no-nonsense sort of chap, he can barely contain his delight. Aristocrat is about to report its fourth straight year of 25%-plus profit growth.
His five-year turnaround plan has been a great success. The share price is back above $5.50, up a respectable 50% or thereabouts since he took over in 2009.