JetBlue Airways founder and Chairman David Neeleman admitted Tuesday that he wasn't pleased when his company's board forced him to give up the CEO spot in May, and said he believes he'd still have the job if not for the ice storm and service meltdown that hit the airline in February
Strange are the boardroom machinations. I do understand such decisions are taken in the ‘best interests of the stockholders’ and considering the competitiveness of the corporate world, the decision may be right. What bothers me is that he is the founder of the company. For me, it’s like saying, “Thanks for designing and building this wonderful vehicle that we are all riding in. We just don’t want you driving it anymore.”
Strange are the boardroom machinations. I do understand such decisions are taken in the ‘best interests of the stockholders’ and considering the competitiveness of the corporate world, the decision may be right. What bothers me is that he is the founder of the company. For me, it’s like saying, “Thanks for designing and building this wonderful vehicle that we are all riding in. We just don’t want you driving it anymore.”
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