11-05-2021, 07:08 PM
(This post was last modified: 11-05-2021, 07:09 PM by Rick Pumpkin.)
(11-05-2021, 03:36 PM)DeepBlue Wrote: It's not Catlin's job to make the decisions on sacking a manager, that is a board decision. Yes, his opinion would count in any board decision but he could not do it on his own if the Eisners wanted to keep him.
Deep, that's not strictly true and depends on the terms handed down by the board. Some CEOs are given carte blanche by their board to act as they see fit so long as they hit whatever goals are in place for the business, whilst others maybe have tighter controls placed upon them. None of us has any idea what terms of engagement Catlin's employed on.