Friday, January 06, 2006 10:38:00 PM
Does this sound familiar?
Coincidence??????...guess again....
At a meeting of the Circuit City board of directors on Saturday, December 17, 2005, Philip J. Schoonover was elected unanimously to the board, effective immediately, and named chief executive officer effective MARCH 1, 2006.
Thomas,
We do not know what happened yesterday. It started out great and then it looks like the USA day traders did a large sell off. Our large retailer requested that we extend the testing until
MARCH to enable them to better sell the product. GNF is geared up and ready to handle any retailer, so it was not us. The program is going well and as reported yesterday by Mr. Gallent the membership is up and 2006 is looking great for GNF.
Cheers,
John
We all know that Schoonover is the brains on this partnership. Could the extension be as simple as CC’s respect for Schoonover in officially taking over as CEO in March?
This is his first official project as CEO and certainly would look very good in his resume. (Increased revenues, immediately after Schoonover took over as CEO, etc.)
IMO, They already know that the partnership will be successful and will generate great revenues. Current CEO does not want to steal Schoonover’s thunder and glory. Give credit where credit is due. Business ethics…
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