What these guys are saying effectively is that pricing is tough. There's not a lot of growth, so you've got to get your cost structure in line to be able to play.
It's recognition that the board feels comfortable that he's the right guy for the job, that the company has righted itself and is moving in the right direction.
This is a company that's entering the sweet spot of their restructuring savings. I don't think people are going to find too much to pick at about this result.