@BwanaBob posted:Am I reading you right, Jim R? You think the owner and founder has to "answer" to the executives about the train line of products offered by his company ? You make it sound as if he's some doddering old fool in a corner they yes to death while they do what they want. I'd I assume the man hasn't sold his interest in his own company. That said, he could expand the line if he so desired and those executives would have to comply or find another company to work for. Emphasis on work "for".
As Mark the Menards Train Guy posted here on the forum several years ago, yes. The train line was approved as long as it doesn’t interfere with the company’s normal business line.
John Menard has enough pull in the privately held company he founded to start a train line. He doesn’t have enough pull to do whatever he wants without the backing of the company as a whole if it would result in a decrease in profit margin impacting the other shareholders.
That’s the way privately held businesses with numerous shareholders work.
