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The company is sold and new management takes over. Many times the CEO will have a few year contract with the new company where they can't fire him or her, and as soon as that is up either the CEO resigns because they realize they are no longer in control or they get fired. The company outgrows the founder.

Online casinos handed £4.5m penalties. ... Why your CEO was fired last year. ... One of the UK's largest landlords for offices, commercial premises and shops, British Land, said the value of its ... Holmgren appointed CEO at Cherry group | Reviewed-Casinos.com NEWS - July 2, 2015 Cherry Group acquires German-Facing online casino business. The Swedish online gambling group Cherry AB announced Thursday that it has acquired 71 percent of the shares of the Malta-based company Almor Holding Limited,… NEWS - November 7, 2013 Cherry encouraged by growth in online gaming

There have been two cases of late in which the Danish office of a major international company has been duped into transferring a total of 140 million kroner into bogus accounts, and Bagmandspolitiet, the fraud squad, is accordingly issuing warnings about what it is calling ‘CEO fraud’. The scam ... Fired Barnes & Noble CEO Gets $4.8 Million to Go Away - Fortune Sometimes it pays not to succeed. Barnes & Noble (bks) said in a recent regulatory filing that it would pay the CEO it fired in August after less than a year on the job $4.8 million to end all ...