What is behind NewPage's resignations?

A lot of buzz followed NewPage's announcement earlier this week.

If you missed it, NewPage announced that its President and CEO E. Thomas Curley, Chairman of its board Mark A. Suwyn, and its Vice President of Human Resources Michael Edicola had resigned, and Robert L. Nardelli, CEO of Cerberus Operating and Advisory Company, had been appointed as a director and non-executive chairman of the Board of Directors of NewPage.

The Dead Tree Edition blog has shared NewPage insight with us previously, so I dropped a line to the blog's author for insight regarding NewPage's resignations. The Dead Tree Edition has posted his insight at NewPage Does The Curley Shuffle.

One of the points made, is that Robert Nardelli "headed The Home Depot when its stock tanked and then led Chrysler into bankruptcy reorganization, is #17 on Portfolio.com’s list of the “worst American CEOs of all time.”"

Read more: NewPage Does The Curley Shuffle