Good news. Sounds like the Injuns were planning to run Remington into the politically correct ground. Roundtree running things is the equivalent of putting the Car Guys back in charge at the car manufacturing companies. The Big Three carmakers almost didn't survive having Business Administration grads in charge. Motorola was killed outright, when a Galvin who wasn't an Engineer took over as CEO.
@Cyber Liberty The problem with Biz management majors is they are nothing but lawyers with business degrees,and they see EVERYTHING in the light of immediate returns. They see everything in the light of "THIS quarters returns",with no thought at all of next quarter,never mind next year.
Anal toads,not visionaries. No imagination and no concept of the future.
IMHO,this comes from learning from toads who have never been in business themselves,but know and worship all the trending theories.
Business is really simple basics. Produce something people want to buy,and sell it for a profit,take that money,and repeat by investing your profits after expenses right back in to the business,not in buying stocks and bonds in other companies and let yours get stagnant.
These are the same cretins that think making a profit from breaking up a company and selling off it's assets is a GOOD thing because it makes their yearly profit numbers go up.
And,of course,they invariably have a clause in their contracts that gives THEM yearly bonuses based on the numbers at the end of the year,regardless of the source of the numbers.
These people are vultures,and I will never understand why anyone admires them.
