[TenTec] Jim Wharton resigned today
Jim Lowman
jmlowman at sbcglobal.net
Sat Aug 16 12:27:31 EDT 2014
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
>
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