Chapter 17 - Arthur loses part of his authority
Price Home Systems did not fire Arthur immediately.
The private-equity owners conducted a leadership review.
The video existed.
So did Arthur’s apology? Not yet.
His performance was strong.
Company revenue had grown.
Employees respected his decisiveness.
Some also described him as volatile.
The board ultimately removed him from direct oversight of human resources and public-facing community partnerships while the legal matter proceeded.
He remained president.
Arthur called that:
“Punishing success because Clara made a private incident public.”
I had not published Natalie’s video.
A guest’s relative eventually leaked a copy.
Police could not establish who.
I refused to take blame merely because the event involved me.
Then Arthur made his own mistake.
At an executive dinner, he reportedly said:
“If parents disciplined their kids properly, none of this would have happened.”
The comment reached the board.
That hurt him more than the original incident.
Not because it was worse.
Because it showed he had learned nothing.
Three months later, the board named an independent chief operating officer over day-to-day people management.
Arthur retained strategy and sales.
A reduction in power.
Not ruin.
Charles was furious.
“This company has our name.”
Private equity owned seventy percent.
May you like
Names are not votes.
Another lesson.
