Opinions split on impact of departure of Iain Ross from Golar LNG

Is the departure of Golar LNG chief executive Iain Ross a good thing or a bad thing?

Depends on who you ask.

To Evercore analyst Sean Morgan, Ross' departure — announced on Monday — should not "raise any unnecessary flags" about the company moving forward.

But Bank of America's Ken Hoexter downgraded the company from buy to underperform over concerns turnover at the top could create issues for the company.