Eastman Kodak (NYSE: EK) will be hosting its annual meeting with the investment community on Thursday in New York. It would be a good idea to listen to or attend this meeting. It appears the turnaround is very much underway.

• Net cash generation of $592 million versus an estimate of $400 million to $600 million, hitting the higher end of the estimate
• Digital earnings grew five-fold, albeit only hitting the lower end of guidance
• Intellectual property development doing well, as it makes progress with its CMOS business and generates profits from its other IP businesses

The negative side of Eastman Kodak's earnings release was slower digital growth than expected as management decided to focus on profitability versus chasing the lower end of the digital camera market.

Kodak ended the year with $1.5 billion of cash on the balance sheet. And will receive $2.35 billion in cash from the health care business disposition.

Antonio Perez, although focused on his task, has demonstrated some nervousness with the investment community as his turnaround strategy hit bumps in the road. However, it appears the biggest bumps have been hit and smoother roads are ahead. Investors need to revisit Eastman Kodak. It is no longer an asset intensive, slow moving company.

24/7 Wall St. generated a list of 10 public company CEOs in December where investors in the underlying companies would be better served by a new CEO. Three of these have already been axed, and that is in roughly 6 weeks. Some calls aren't actually calling for the CEOs to be fired, but a title change or strategy shift was in order. There were few outright "He's Gotta Go!" and there still are. The FIRED CEO's are first, and the others are alphabetical by company. The names are highlighted so you can see the full comments and suggestions from the original article on each, and the original comments left on Bloggingstocks are here for the 7 of the 10 that are still pending:

Dell's (NASDAQ:DELL) Kevin Rollins.
STATUS: FIRED! His name will be forgotten by Wall Street most likely and will be referred to as 'That guy that took Dell down.'

Gap Inc.'s (NYSE:GPS) Paul Pressler.
STATUS: KIA! He's done and he'll have to go in for that old Japanese executive retraining boot camp before anyone speaks to him again.

The Home Depot's(NYSE:HD) Bob Nardelli.
STATUS: FIRED! But beware, he took a huge exit-payout and only has a 1-year non-compete. He'll probably end up in private equity and his name won't quietly disappear.

Amazon.com's (NASDAQ:AMZN) Jeff Bezos. He doesn't need to go away entirely! He just needs to do a partial title change. But will anyone inside the company tell the emperor he is wearing no space suit?
STATUS: Earnings are today, but either way the company could use an add-on here. I like Bezos and this will give him the latitude needed.

Citigroup's (NYSE:C) Chuck Prince. The prince calls for Draconian measures, and maybe the prince didn't mean just THIS Prince.
STATUS: Everyone has told this prince he isn't wearing clothes and he keeps ruling and ignores this. Sally Krawchek wasn't the problem. The stock is up in hopes that he'll leave and that new management can run the beast better.

Eastman Kodak's (NYSE:EK) Antonio Perez. Maybe he's nice, but for heaven's sake get the restructuring over with and get some mojo. Bring in a digital media leader.
STATUS: The earnings have turned, but the long painful restructuring continues and the last medical imaging sale funds might not be used aggressively enough. EK would still be better under a different digital leader.

Qualcomm Inc.'s (NASDAQ:QCOM) Paul Jacobs. He isn't being sent home yet, but his dad's shoes are proving very hard to fill.
STATUS: The note here is still in the pending file and he may survive if he can keep the stock from falling and if he can keep the company's patents and contracts alive.

Sirius Satellite Radio (NASDAQ:SIRI) & XM Satellite Radio (NASDAQ:XMSR). It is a dead heat in the race, and if two companies need to merge, it's these two. There can be only one.
STATUS: Still pending, still a tie! They should just merge and get it over with. A merger wouldn't be great for consumers and competition, but would be best for investors.

Wal-Mart Stores Inc.'s(NYSE:WMT) Lee Scott. The company is struggling under its own weight, and it needs some good PR. Getting rid of the Darth Vader of Corporate America and bringing in someone fun and likeable would be the best start.
STATUS: He's still gotta go. If he is still there at the end of this year it is because he intimidated every internal external challenger. Darth Vader wasn't a hero until the last 10 minutes of the original series after almost 6 hours of being the bad guy. Lee Scott could become a good guy if he would just leave.

Yahoo!'s (NASDAQ:YHOO) Terry Semel. Yes, when you see him leave or forced out, Yahoo! holders should be happy.
STATUS: Panama may save him, but Wall Street would rather see Semel leave. Sue Decker is better suited for the role.

A lot of these may be controversial, and there are plenty of other companies that might benefit from a new CEO. None of these attacks are personal and these are merely based on observation and analysis. The list could probably be 100 CEO's long.

Jon Ogg is a partner in 24/7 Wall St. LLC; He does not hold securities in the companies he covers. He also not been compensated to represent any of these companies in any light.