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Thought-provoking comments, a little satire and wit, and sometimes a challenge or two from an anonymous distributor

机译:发人深省的评论,讽刺和机智,有时是来自匿名发行人的一两个挑战

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A shareholder vote held recently by Tecumseh Products resulted in the Herrick family regaining control of the company it once owned and ran. As you may recall, I called this saga a "soap opera" in a previous "Anonymous Distributor" column that detailed all the posturing and lawsuits. Remember that Kent Herrick, a former executive, and his father Todd Herrick, former CEO, president and chairman/were ousted from the company in 2007. At that time, some shareholders blamed the Herricks and their management team for allowing the Tecumseh engine division to become a non-factor in the air-cooled engine manufacturing business and losing major placement with lawnmower manufacturers and retailers like Sears.
机译:Tecumseh Products最近举行的股东投票使Herrick家族重新获得了对其曾经拥有和经营的公司的控制权。您可能还记得,我在之前的“匿名发行人”专栏中将这一传奇称为“肥皂剧”,该专栏详细介绍了所有姿势和诉讼。请记住,前高管肯特·赫里克(Kent Herrick)以及他的父亲托德·赫里克(Todd Herrick)曾于2007年被公司辞退。当时,一些股东指责赫里克及其管理团队允许Tecumseh发动机部门成为风冷发动机制造业务的重要因素,并失去了割草机制造商和西尔斯(Sears)等零售商的主要地位。

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