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I'm probably imagining things, but this sounds mostly like internal politics. Why would a CEO hand over the reins and then less than 2 months later return inde
by mikekchar 8y ago
I'm probably imagining things, but this sounds mostly like internal politics. Why would a CEO hand over the reins and then less than 2 months later return indefinitely? The succession was announced in January and was apparently part of a "well planned" transition to move Brian Crutcher to the CEO position. I couldn't find a quote from Rich Templeton on the move, which seems strange for a "well planned" transition.
My guess: The two have been exercising "pointy elbows" for a while now and this is the fallout. But like, I said, it's pure speculation...
- tptacek 8y agoI mean, strictly speaking, you are clearly just imagining things; no information has been released about the nature of the violation.
- philip1209 8y agoExcept that it was a violation of their code of conduct. They could have left that part out and just said "he resigned"
- untog 8y agoThat... or the CEO violated the code of conduct and was fired for it.
- AdamH12113 8y agoFormer TIer here. Crutcher's been on the fast track to CEO for 5+ years and was rising very rapidly before that. That wouldn't have happened if Templeton didn't like him. I'm more surprised that Templeton is back in charge. He's got to have serious egg on his face now that his hand-picked successor has been fired immediately after taking over the job.