Thread: Amerijet
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Old 09-14-2021 | 05:50 AM
  #405  
wjcandee
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Originally Posted by wjcandee
It looks like there is at least the possibility that the Board pushed Strauss out. This happens sometimes when they bring in a guy/gal with a vision who moves quickly to do things his/her way, which way is more confident/aggressive/successful than the gang on the Board. Example: Karjian took his time deciding about additional aircraft, and missed opportunities as a result. Strauss went right to where he needed to and secured new aircraft. Karjian was happy continuing Amerijet's place as a partial-initiator of cargo; Strauss wanted to go much-more ACMI. Strauss seemed not to focus on the Islands and non-core activities.
Well, it appears that I was on the money or at least close: whether the Board made working there intolerable, or explicitly pushed him out, plainly they weren't ready to let him do what he came to do:

"Insiders have indicated that executive chair Vic Karjian, previous CEO, had been unable to leave behind day-to-day control of the company, while Mr Strauss was keen to implement his own strategies. Mr Karjian is now taking over as interim CEO – but the worry for any new chief executive will be that a similar story could play out." https://theloadstar.com/tim-strauss-...a-year-as-ceo/

Good luck getting anybody strong and imaginative ever again as CEO. Back to plodding along...

This is Not Good, IMHO.

Last edited by wjcandee; 09-14-2021 at 06:16 AM.
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