Ok I will half agree with you.

Why the need to step down when he will essentially be doing the same thing as with the title?

"Since he is an older guy, he can't run around on the mountain and do the physical stuff (hence, hiring Kyle) but he can easily do virtually everything connected with his job as head geo guy from anywhere."

The above is what he has been doing ALL along. Nothing has changed.

And back to the most important thing... The shareprice cetertainly reflects a "Great Meeting"