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Re: kippykai post# 14834

Friday, 12/15/2006 9:45:07 AM

Friday, December 15, 2006 9:45:07 AM

Post# of 63795
The best solution I've seen is to hire someone who looks good in a 3-piece suit to run the company. Rivera should have the title of "Chief Scientist" or something similar. That indicates to everyone who makes the technical (important) decisions. The minor ones, like payroll, taxes, finances, publicity, etc. Can be performed by people who are good at that style of management. VERY few people are good in both the laboratory and the boardroom.

That still allows JR to be the majority stockholder, Chairman or Vice Chairman of the Board, and make sure the company does what he wants it to. It also allows him to spend most of his time doing what I'd guess is most important to him - research and testing to improve his product/process or even discover a new one.