if you're the boss and its 'effective immediately' usually something shady gonw down

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maybe more like some intra-cabal squabble

Ah yes thatโ€™s the word

the fact he's not just resigned his chair position but from the board entirely smells funny. usually if its something you've help develop over a long period you want to still have a hand in it as next generation take over running day to day

Definitely something going on under the surface