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Monday, May 25, 2009 10:13:37 PM
With regard to "fudiciary responsibility" - A CEO is responsible for having a management team of the various companies in place in order to effectuate the companies goals,etc. which it appears he does have in place.
Again, Humphries operates a Corporate office in Addison, whereby he has employees that have duties in certain companies on a Corporate level. Individual companies may or may not be located in the Corporate facility, as management for the individual entities may be located in other areas of the country, etc.
What is it that you don't understand about that concept, as many Corporate offices run numerous other companies, both public and private.
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