Tom Bird & Ken Saxon

By H. Grousbeck, Nick Mansour
2004 | Case No. E39
It was January 19, 1995. Tom Bird was uncomfortable with his last discussion with Ken Saxon, his partner. Over the last nine months, they had been thinking about the possibility of leaving their company, First American Records Management (FARM), and were currently interviewing a number of candidates for the senior management of the organization. The most pressing issue was whether to hire a single president or try to develop a partnership that would lead the company. Despite most of the advice they had received, the two had decided to pursue a co-presidency. Now they had met a number of qualified applicants, each of whom looked more suited to be a president than a partner, and Ken was having second thoughts about their current strategy. Tom still preferred a partnership.
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