Reading between the lines of John Henry's message, I'd hazard a guess
that "...an offer that he couldn't refuse" could have been a nice
"Golden Handshake."
Yes, I saw that individual's comments on the original Facebook
announcement of Jim's resignation.
Sounded like a troll to me, or maybe a competitor.
73 de Jim - AD6CW
On 8/16/2014 5:50 AM, Peter Bertini wrote:
I believe I read that all manufacturing was going to be done in Tennessee.
I'd imagine part of the economics would be to reduce upper management to
avoid duplication and to reduce costs. That happens with any merger. JH's
comments show that the retirement was amicable. I'd suspect he stayed just
long enough to ensure a smooth transfer as the mechanics of the deal fall
into place. The good news is that the engineering and sales force are
still in place. I'd be extremely leery if we were reading that the
engineers and technical staff was being cut.
Pete
_______________________________________________
TenTec mailing list
TenTec@contesting.com
http://lists.contesting.com/mailman/listinfo/tentec
|