For they've installed Robert Nardelli as CEO.
Nardelli's done things such as running Chrysler into bankruptcy and damn near sinking Home Depot and leaving with a golden parachute valued at over $200 million, just as the Great Recession was gathering steam.
So you can draw your own conclusions of the wisdom of Remington hiring Nardelli.
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2 comments:
Obviously, the company wants to go into bankruptcy.
Twisted are the minds of boards of directors.
Go into bankruptcy, export that capability of manufacturing, and dispense with all the monetary value of the present company.
I'm sure the board is already keying up to start calling their future-former employees lazy parasites for being out of work.
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