ItsAValueTrap Posted August 19, 2012 Share Posted August 19, 2012 Thinking aloud here... A pattern that I have seen is that sometimes a founder leaves his company, the successor runs it into the ground, then the founder comes back to turnaround his/her baby. Usually the founder coming back is a great turnaround story and the share price goes up a lot. Examples: IDT - Howard Jonas; up over 7X since he came back JEC AAPL - Steve Jobs Does anybody know of any companies where a similar situation is playing out? Here are some vaguely similar situations (to me, they aren't the same): DELL - Michael Dell returned to the company full-time. However, the stock price performance hasn't been stellar. I believe that it is mainly due to competition squeezing profits out of the computer market. BBY - The founder doesn't want to come back as CEO; rather, he wants to take over Best Buy in a private equity bid. Link to comment Share on other sites More sharing options...
Uccmal Posted August 20, 2012 Share Posted August 20, 2012 Jean Coutu - pjc.a - tsx Sort of. Founder is in his 80s and his son took his hand at running the company into the ground by buying Rite Aid. Link to comment Share on other sites More sharing options...
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