As most readers will be aware, Carmarthenshire County Council has announced that its chief executive, Mark James, has applied to leave the council under its severance scheme.
Mr James's departure has been rumoured for some considerable time, with persistent whispers that he is planning to move to the more genteel environs of Bath. There was also a school of thought that having reached 55 he would seek early retirement, possibly on the grounds of ill health.
No details other than an application for severance have so far been made public, but any payout under the scheme will undoubtedly be of eye watering proportions.
As it seems that we are talking about voluntary redundancy, the implication would be that there would be no successor as chief executive.
If the application is accepted, Mr James would leave towards the end of the year. Whoever takes over in whatever guise will face a very unenviable task as they tackle massive spending cuts and the fallout from Mr James's near 15-year reign.
The chief executive's decision to leave comes at a very interesting juncture. We should shortly see the report and recommendations produced by the WLGA Governance Panel, and the expectation is that it will deliver a damning verdict of the regime run by Mr James.
Beyond that, and nothing to do with his decision in all likelihood, is the pending reorganisation of Welsh local government. Pembrokeshire has just announced that it will begin exploratory talks with Ceredigion. Neither county wants to merge with the other, and it is hard to see what Ceredigion would gain from joining up with the toxic basket case to its south.
Under the Welsh Government's proposals, Carmarthenshire was to have remained as a standalone county, but the departure of Mark James and almost his entire team of senior officers removes one major obstacle to a merger with another county or counties.
Perhaps Dyfed could rise like a phoenix from the ashes after all.