Subject: Re: Will the baton be passed Sarurday?
"I think there is a good chance that WEB formally gives up his position of CEO."
...
I posted this exact thought a while back. 90% odds IMO


I have had the same thought. I don't think anyone here is wishing for this, however.

My other thought is that he really likes to be in control, and understands the advantages of that. So he probably wouldn't shift to an "advisor" or "VP of capital allocation" kind of role, other than a simple board seat. He'll want the new boss to have the full power to make decisions that he had, not someone else looking over their shoulder and second guessing the choices. So I would expect that, when the time comes, it may be a pretty clean break.

Jim