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George Zimmer, Men's Wearhouse Founder, Said He Was 'Inappropriately' Silenced (founder was fired)
ABC News ^
| June 19, 2013
| Susanna Kim
Posted on 06/19/2013 1:11:49 PM PDT by EveningStar
After retailer Men's Wearhouse [NYSE: MW] announced that it "terminated" founder and executive chairman George Zimmer, best known to consumers for his hundreds of TV commercials pitching suits, he fired back saying the company's board "has inappropriately chosen to silence my concerns."
(Excerpt) Read more at abcnews.go.com ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS: georgezimmer; iguaranteeit; menswearhouse
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To: EveningStar
2
posted on
06/19/2013 1:13:16 PM PDT
by
schm0e
("we are in the midst of a coup.")
To: EveningStar
You’re going to be inappropriately silenced.....I guarantee it.
3
posted on
06/19/2013 1:14:23 PM PDT
by
Puppage
(You may disagree with what I have to say, but I shall defend to your death my right to say it)
To: EveningStar
George doesn’t like the way things look.
4
posted on
06/19/2013 1:14:30 PM PDT
by
iowamark
To: iowamark
5
posted on
06/19/2013 1:16:09 PM PDT
by
Puppage
(You may disagree with what I have to say, but I shall defend to your death my right to say it)
To: EveningStar
He’s a loser that supported Occupy garbage, isn’t he?
6
posted on
06/19/2013 1:17:33 PM PDT
by
TheThirdRuffian
(RINOS like Romney, McCain, Dole are sure losers. No more!)
To: EveningStar
George is going to look good in retirement. I guarantee it.
To: EveningStar
Sucks to be a socialist moron, eh, George?
8
posted on
06/19/2013 1:18:18 PM PDT
by
goodnesswins
(R.I.P. Doherty, Smith, Stevens, Woods.)
To: TheThirdRuffian
9
posted on
06/19/2013 1:18:49 PM PDT
by
TheThirdRuffian
(RINOS like Romney, McCain, Dole are sure losers. No more!)
To: iowamark
met George a few years back when i did some consulting for mw. Nice guy (wrapped a bit tight though)
To: EveningStar
Lay down with fleas and wake up unemployed. How stupid is someone so rich with a high profile company to announce he’s with the 99%?
A little rich liberal guilt perhaps?
11
posted on
06/19/2013 1:24:21 PM PDT
by
Lx
(Do you like it, do you like it. Scott? I call it Mr. and Mrs. Tennerman chili.)
To: EveningStar
That’s funny.
Zimmer is just a ‘60s college liberal who spouts BayArrhea nonsense but everyone just smirks and laughs it off.
The stores are pretty good and so are his prices. Have bought at least 3 suits there, no complaints.
Figured he always did it for publicity. If the Board is fed up with his antics, they’ll end up regretting it. “No such thing as Bad Publicity”, you know.
Zimmer's most recent pay figure is $1,985,916, according to executive compensation data firm Equilar. According to the firm's most recent proxy, he has 1,771,625 shares, 3 percent of the company, that are worth about $66.4 million based on Tuesday's closing stock price of $37.47.
I hope you've learned your lesson about the consequences of giving up control, Georgie
13
posted on
06/19/2013 1:28:29 PM PDT
by
A.A. Cunningham
(Electorate data confirms Resolute Conservative voted for Soetoro)
To: EveningStar
When the founder of a company gives up control of the company (usually to lure investors and grow the company) he or she is at the mercy of the organizations Board of Directors. Because company founders often feel that they should still have de facto control of 'their' company, friction arises and sometimes, the founder is dumped. It even happened to Steve Jobs (back in 1985). Nothing new here. At 64, Mr. Zimmer will probably enjoy his retirement....but I won't guarantee it.
To: Regulator
If the Board is fed up with his antics, theyll end up regretting it.
I hear Ron Johnson is available...
To: iowamark
Hopefully, it is the end of those commercials.
16
posted on
06/19/2013 1:37:00 PM PDT
by
corlorde
(forWARD of the state)
To: EveningStar
Hey George, Your gonna look Great in the unemployment line, I guarantee it!!!
To: EveningStar
The few times that I have watched television broadcasts lately, I have caught some of the “newer” commercials for this company.
It’s all queer models! Not where I would spend my money!!
To: EveningStar
Will he now go to Jos. A. Bank’s for his suits?
To: EveningStar
you mean silenced like the following teacher who was fired for beign a Gideon bible distributer o ntheir own time? http://www.freerepublic.com/focus/f-news/3033188/posts
Tell ya what george- you get yer lawyers to handle both cases ,and we’ll see abotu gettign you your job back
20
posted on
06/19/2013 3:08:35 PM PDT
by
CottShop
(Scientific belief does not constitute scientific evidence, nor does it convey scientific knowledge)
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