Re:I am excited to welcome Linda Yaccarino as the new CEO of...
by diebeforei485 on Friday May 12, 2023 @05:37PM
(#35922774)
He owns the company, so I'm not sure what you mean by fiduciary duty. Duty to who?
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Re:I am excited to welcome Linda Yaccarino as the new CEO of...
by xhkkffbf on Friday May 12, 2023 @05:43PM
(#35922840)
I believe he borrowed a big chunk of the cash. So he owes these folks something for funding it. It might be kind of limited but he can't just treat it like his own fiefdom.
Re:I am excited to welcome Linda Yaccarino as the new CEO of...
by gpm on Friday May 12, 2023 @06:40PM
(#35923442)
He owns the majority of the company, but not all of it. There are other partial owners as well (Qatar, A Saudia Prince, Larry Ellison, Jack Dorsey, a venture capitalist or two, etc).
Re:I am excited to welcome Linda Yaccarino as the new CEO of...
by singleshot_ on Saturday May 13, 2023 @11:32AM
(#35929336)
To the entity and to the shareholders. Sometimes to the creditors.