2 ms·
Maybe he simply decided he's tired of being CEO. Once he's no longer a corporate officer it will be easier for him to sell stock. Since he owns 15% of a $700+
by PhantomGremlin 7y ago
Maybe he simply decided he's tired of being CEO.
Once he's no longer a corporate officer it will be easier for him to sell stock. Since he owns 15% of a $700+ million valuation company, his stock is worth over $100 million.
Given the precarious state of retail these days, maybe cashing out the $100 million isn't a bad thing to do.