The Globe and Mail reports in its Thursday edition that one week after the resignation of Constellation Software founder Mark Leonard for health reasons, his successor, Mark Miller, assured investors during a conference call that it would be "business as usual." The Globe's Sean Silcoff writes that Mr. Miller, promoted last Thursday, emphasized a continued focus on the company's existing strategy, including capital deployment for acquisitions and larger deal opportunities. He stated there would be no changes to management and highlighted his recent stock purchases, alongside chairman John Billowits, indicating confidence in the company's direction. BMO Capital Markets analyst Thanos Moschopoulos stated that Mr. Miller intends to stay the course. When asked if this would satisfy investors, he noted that delivering strong results is the best way to reassure the market. National Bank Financial Markets analyst Richard Tse said that Mr. Miller's remarks were "pretty much as expected," including no material changes in the company's approach to capital deployment or running operations. Two analysts told Mr. Miller they hoped he would engage with the street more often; "I don't think we've decided on that" yet, he replied.
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