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If you see a CEO/Founder/Chairman focusing on a new, spin-off, company, this is generally the American way of handling a volatile situation when the offender is
by reeses 13y ago
If you see a CEO/Founder/Chairman focusing on a new, spin-off, company, this is generally the American way of handling a volatile situation when the offender is perceived as irreplaceable.
Gary Friedman is an excellent example (I'm lazy, so HuffPo: http://www.huffingtonpost.com/2012/08/17/gary-friedman-restoration-hardware-quits_n_1795920.html http://www.huffingtonpost.com/2012/08/17/gary-friedman-resto...) of a pro forma separation of a major shareholder/chairman/CEO from the company.