| |||||||||||||
Shuttleworth stepping down as Canonical CEOShuttleworth stepping down as Canonical CEOPosted Dec 20, 2009 23:03 UTC (Sun) by jspaleta (subscriber, #50639)In reply to: Shuttleworth stepping down as Canonical CEO by frazier Parent article: Shuttleworth stepping down as Canonical CEO
Hmm I'm not allowed to care about Canonical if I'm not an ubuntu member? That's a very interesting thesis.
I simply want to understanding why is this newsworthy. If Shuttleworth still has all the authority he did as CEO now that he's sitting outside the organization chart structure why is this worth broadcasting? What authority does Silber really have that Shuttleworth can't unilaterally veto?
Does Silber have the authority as CEO to court additional venture capital resources broadening the pool of financial interests diluting Shuttleworth's personal control? I could imagine Google or even Dell wanting to buy a stake in Canonical in exchange for having a stronger say in setting the roadmap for the company.
-jef
(Log in to post comments)
Shuttleworth stepping down as Canonical CEO Posted Dec 23, 2009 20:31 UTC (Wed) by dlang (✭ supporter ✭, #313) [Link]
since he still controls the money, and can fire the CEO, he could in theory veto anything.
in practice it's a very different matter. nobody is going to remain as CEO if they have the company owner/board of directors meddling in the running of the company.
this does get 'interesting' when a person is both the owner, and holds a position in the company other than CEO, but such things get worked out.
so this could mean absolutly nothing if shuttleworth wants it to mean nothing, and the new CEO is willing to go along with him, or it could mean exactly what it claims to mean, namely that Mark is stepping aside to put someone in the CEO position that he thinks will be better for the company than he would be (and it doesn't matter if that's because they will do a better job as CEO, or just free him up to work on other things)
|
|||||||||||||