I read it a bit differently.
I think PM meant that by bringing on a new CEO now or soon, he will have the chance to start out on a positive note.
Assuming the new CEO comes onboard after the announcement, it will be followed, most likely, by a big pop in PPS and then further increases in PPS over the near term. I fully expect the PPS to continue to increase amid some decreasing volatility, during the development/construction phase and then, as revenues begin coming in from LNG sales, IOC will be a different company based upon more financial fundamentals and derisked.
This will be a fresh and opportunistic field for a new CEO to operate on with lots of potential for growth and success. When the additional prospects are added in, it would be difficult for a new CEO to fail.