But the company’s board wasn’t willing to wait to see how those plans would turn out after racking up such severe losses so quickly. Now, that Johnson is out, the worry on Wall Street is that Ullman won’t be able to turn around business fast enough.
‘‘Ullman is in a crisis zone,’’ said Sozzi."This is not a normal situation. He has a short window to get in and see what’s wrong with the company and put a Band-Aid on the fundamental problems.’’
Associated Press Business Writers Candice Choi and Joseph Pisani contributed.