Word: boarding
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Frederick “Fritz” A. Henderson—a 1984 graduate of the Harvard Business School—resigned as CEO of General Motors on Tuesday after the Board of Directors asked him to step down, a move that stunned the auto industry...
...doesn’t have forever to fix itself,” he said. “The papers tell us that the board concluded that Henderson was a good man, but he was not willing to move fast enough transforming G.M. into a 21st century company...
...When the board made it clear that it wanted Henderson to replace chief financial officer Ray Young, Henderson dawdled. He could rightly complain that government curbs on executive pay made it difficult to recruit experienced financial executives, but it must have looked to the board as if he couldn't make a decision or was simply stalling...
...When the deal to sell part of GM's Opel to parts supplier Magna began to lose momentum, Henderson failed to gauge the depth of the board's sentiment that GM keep Opel as a strategic asset and he remained opposed to doing so up until the very end. That left him crossways not only with Whitacre but also with the German government - an embarrassing place...
...minutes of a town meeting in Willow Graves Estates we read that Zed (?) interrupts the meeting repeatedly to ask that the town board be dismantled and he be made president. Zed (?) is ignored. Zed (?) then motions to be put in charge. Zed (?) is not seconded, then denied. FlyBy wonders why this sounds vaguely familiar...