Originally Posted by Ready Action
Nuti fought for a couple of years the thought of having to reside in Dayton even though NCR's charter clearly stated the CEO must reside where the HQ is located. All of the previous CEO's in NCR's 100+ year history resided in the Dayton area. Nuti gave all kinds of excuses including stating he needed to stay on the east coast another year so he could care for his ailing mother. What he was doing all along was buying time to get his buddies on the board and hence the move to Georgia. One year soon after the move,Nuti was voted the worst CEO in America and to this very day his employee approval rate remains very low. That NCR stuff to this day still burns in my belly, now back to basketball.
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The Teradata spin off was not about unlocking investor value. It was about Nuti hand picking his board after the spin off. There is a special place in he!! for that guy. I agree...back to basketball!