magic

Chapter 14 - Michael loses his job

Michael worked as vice president of development at Whitmore Urban Partners.

My company.

That fact made every family conflict more complicated.

I founded the firm twenty-seven years earlier.

By the wedding, I owned 54%.

Two minority partners owned the rest.

Michael was an employee and small shareholder.

I could not simply fire him because he shoved his mother.

Our employment lawyer reviewed:

Conduct.

Public-reputation risk.

Company policy.

Whether the wedding was a private event.

Whether his role required fiduciary trust.

Then another issue emerged.

Michael had submitted reimbursement requests for “business development dinners” that overlapped wedding-vendor meetings.

About $16,800 over two years.

Not enormous.

Some legitimate.

Some personal.

The company placed him on paid administrative leave pending review.

My partners insisted I recuse myself from the decision.

Good.

I hated it.

Also good.

The final employment decision came from the other directors.

May you like

Michael was terminated for expense-policy violations and undisclosed conflicts, not because his father was angry.

That distinction saved the company from becoming my weapon.

Related Stories

Other posts