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To: whitney69

Seriously, most people have bosses who are dumber than fence posts.


44 posted on 08/08/2024 11:24:35 AM PDT by bgill
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To: bgill

“...most people have bosses who are dumber than fence posts.”

Maybe. There has to be a reason they are in positions of authority. In some cses it’s their brother in law. But for major corporations generally CEO’s are selected to do one or two things by contract. They are not employees of the company per say.

Let me display one. Many years ago, for a spark plug company, a majority stockholder and CEO of the board invented a new resister for plugs. And it was good. He wanted to put it on the plug company he CEO’d for but the board resisted. There was a proxy fight and other board members joined and there was a hostile takeover. Thus his little stock, even though it was a quarter of the company, lost it’s power. So he sold out and left.

But, as he was the founder of the company, he controlled the copyrights and patents so they had to go through him to get anything done. He, in the mean time, went to his competitor and offered them the resister which they happily started using. And for that, the old CEO at one became an equal partner with the new one. Ever wonder what the AC on Delco stands for...Albert Champion.

wy69


53 posted on 08/08/2024 12:53:30 PM PDT by whitney69
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