Workforce and Corporate Replacements

Gogo

• After the resignation of Gogo's CEO Michael Small, he was replaced by board member, Oakleigh Thorne effectively immediately.

Coty

• The Chairman of Coty, Bart Becht was replaced by company director Peter Harf, immediately.

Stouse

•  Clay Davis became president and CEO of Stouse LLC, effective immediately after Bruce Reed's retirement from 14 years of leadership.

4. Bed Bath & Beyond:

• Bed Bath & Beyond's CEO, Steven Temares stepped down from his position only for board member Mary Winston to take charge as CEO with immediate effect.

American Eagle:

• Board chairman Jay Schottenstein served as CEO immediately after CEO Robert Hanson resigned.

Etsy

• Etsy board member Josh Silverman was given the position of CEO immediately after Chad Dickerson stepped down from the CEO position.

Ask.com

•  Jim Safka replaced Jim Lanzone immediately as the new CEO of Ask.com.

GE

• GE removed CEO and Chairman John Flannery and replaced him with Lawrence Culp, effective immediately.

Research Strategy

WHY THESE EXAMPLES ARE PROVIDED

FINDINGS:

SMALL BUSINESSES

1. The Actual Brewing Company

•  Fred Lee resigned as CEO and was immediately replaced by Nicole Felter.
• The Actual Brewing Company is a small company with an annual sales revenue of $341,432.

2. VitaCig

• VitaCig's interim CEO, Maury Winnick, was immediately replaced with Paul Rosenberg.
• VitaCig is a small company with an annual revenue of $0.36 million.

3. Wowio

•  Brian Altounian took the CEO position from Robert Estareja on the same day.
• Wowio is a small company with an annual revenue of $0.13 million.

4. Camber Outdoors

•  Deanne Buck, the Executive Director of the Camber Outdoors company has declared that she will resign from her position immediately.
• Ms. Buck was replaced by Diana Seung.
• Camber Outdoors is a small company with less than 19 employees.

5. Recreational Equipment, Inc.

•  Jerry Stritzke urgently announced that he is resigning from Recreational Equipment, Inc. (REI).
• Mr. Stritzke was immediately replaced by Eric Artz who will be the interim CEO.
• REI is a small company that earns around $5.4 million per year.

6. Puppet

• Effective immediately, Puppet CEO Luke Cannies is turning over his role to Sanjay Mirchandani, the company's COO.
• Puppet is a small company with an annual revenue of $13.8 million.

LARGE BUSINESSES

7. National Grid

• Almost similar to the given FedEx case, the National Grid has replaced around 1,250 "United Steelworkers members" with replacement laborers after just 11 weeks of the labor strike.
• The replacement workers were described as struggling to do their jobs as the onboarding leadtime is short.
• The National Grid is a large company that is earning around $20.6 billion in revenue.

8. Honeywell International, Inc.

•  Honeywell, a defense company, has been continuously threatening its striking workers that it will pull in government soldiers to replace them.
• This is similar to the given Fedex case where Fred Smith has been continuously threatening his pilots that he will contract the jobs out.
• Honeywell even hired "scab replacement workers" to work on its uranium plant in Illinois.
• Honeywell International, Inc. is a large company that is earning around $41.8 billion in revenue.

RESEARCH STRATEGY