Actually the answer is somewhere between you and BR. Denner doesn't run the board, but he believes he can work with them now with HB gone.
That is a scary thought. Remember, cronyism can change in a heart beat. By definition, each member of the BOD has one vote. Denner absolutely does not control the board. If the rest of the members decide to take a different path, they win. It is just not that simple. Although I fully expect the BOD will indeed follow Denner's wishes. It is just that he is so young..
And, JJM, it was Board members that left, not employees..
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