Not really. It sounds like a position that should have been filled from the beginning is just now getting filled.
The mythical man month does not directly cover the case of being under-manned until a month after release, then bringing staffing up to where it should be. And certainly if that is the entirety of your contribution, I have to assume you mean the most recognized portions of the concept.
Under-manned because they hired one more person? I haven't seen any evidence they were understaffed or under-manned. And someone I'm skeptical that a CEO guy with a BS in Political Science and no Software Engineering background is the key to turning this around.