As I understand it, a company’s founder can be ousted if the company has been “taken public” (i.e. can be traded on any stock exchanges). This is because such companies form a board of directors who answer to shareholders, and if the shareholders are really, REALLY upset about something, anyone, even a founding CEO, can be fired.
The dude from FL Premium Member 4 days ago
Well, there’s that!
xaingo 3 days ago
So, is that when all of your employees quit?
charles9156 3 days ago
not for long ;+)
grocks 3 days ago
Great example of having your cake and eating it too …
artegal 3 days ago
He can still quit.
Grumpy Old Guy 3 days ago
I’m surprised the employees didn’t cheer at first….
Saddenedby Premium Member 3 days ago
I like it!! know where you stand and stand on what you know when it comes to the boss. no having to guess
cellodude1990 3 days ago
As I understand it, a company’s founder can be ousted if the company has been “taken public” (i.e. can be traded on any stock exchanges). This is because such companies form a board of directors who answer to shareholders, and if the shareholders are really, REALLY upset about something, anyone, even a founding CEO, can be fired.
DagNabIt! 3 days ago
Boeing corporate offices
ekke 3 days ago
So, does that mean that they now own the business?
Smeagol 3 days ago
Support small businesses, maybe not his though.
sincavage05 3 days ago
Is this classified as a “hissy fit”?