Hi,
A proprietary director who owns a quarter stake in a business I own majority shareholding in is proving a liability. I want him gone but he's not amenable to any kind of reasonable buy-out offer.
Having invested heavily in the brand and advertising of this company, which is now starting to bear fruit, I am extremely reluctant to wrap it up and start again.
Has anyone any ideas for what I can do?
A proprietary director who owns a quarter stake in a business I own majority shareholding in is proving a liability. I want him gone but he's not amenable to any kind of reasonable buy-out offer.
Having invested heavily in the brand and advertising of this company, which is now starting to bear fruit, I am extremely reluctant to wrap it up and start again.
Has anyone any ideas for what I can do?