Acme Announces New CEO

Memo – May 7

To: Senior Staff

From: Bob Johnson, CEO

Ladies and Gentlemen,

I can’t tell you how excited I am to join the company. I’ve written a short note to all the employees that I’d like to get out to everyone as soon as possible. Please take a quick look at it just to make sure that I haven’t inadvertently made any serious errors and get it distributed, hopefully by tomorrow. Thanks.

DRAFT TEXT –

There has never been a more exciting time in business. After the past few years of economic challenges, we now have the opportunity to make a real difference. Investors are looking for companies that are forward looking and enthusiastic in which to invest, and that can be us. I’ve had time to meet with some of you and we have some really talented people. I am so enthused that I can’t wait to come to work each morning and find that sometimes I get out of here late just because I believe in what we can do. I hope you feel the same way.

My door is open. If you have an idea to help us make progress, no matter what it is, don’t be shy. Stop by, call me and leave a message so we can meet at lunch in the cafeteria, or just send me an e-mail.

We’ve got the chance to be a model for the way American business should be in the twenty-first century. I have faith in you. Let’s do it!

Memo – May 15

To: Senior Staff

From: Jim Smith, Legal Counsel

I’ve set up a meeting to review our new CEO’s welcome memo. First available time is two weeks from Wednesday. Have all powerpoint slides sent to my office for review by close of business on the Friday before the meeting.

Memo – June 1

To: Senior Staff

From: Jim Smith, Legal Counsel

I hope everyone had an enjoyable Memorial Day long weekend.

Attached are the minutes from the meeting concerning the new CEO’s welcome memo. Please review so we can finalize at our next meeting on June 13. I need all edits using the “track changes” feature so my office by June 8. This is a “hot issue” so we need to act with all due haste.

Memo – June 18

To: Senior Staff

From: Jim Smith, Legal Counsel

Attached are the minutes from the meeting we held on June 13. I’d hoped we’d be able to release this memo, but Human Resources has found some serious issues that need to be resolved. With the Independence Day holiday and vacations it will be difficult to get everyone together, but let’s see what we can do.

Memo – July 11

To: Senior Staff

From: Mike O’Reilly, Human Resources

Attached are the personnel issues we need to address for the CEO’s memo. I’ve checked everyone’s calendar and it looks like between vacations and back-to-school preparations, August 15 is the first available date. Let’s try to wrap this up.

Memo: – August 24

To: Bob Johnson, CEO

From: Senior Staff

Attached is the finished memo per your request.

DRAFT TEXT –

There has never been a more exciting time in business. After the past few years of economic challenges, we now have the opportunity to make a real difference
it is not possible to reliably predict future performance. Investors are looking for companies that are forward looking and enthusiastic in which to invest, and that can be us.  but employees are not to solicit investment offers on behalf of the company without written authorization from finance and legal. I’ve had time to meet with some of you and we have some really talented people however this should not be seen as in conflict with any evaluations conducted by your supervisors. I am so enthused that I can’t wait to come to work each morning and find that sometimes I get out of here late just because I believe in what we can do. I hope you feel the same way.
Remember that overtime is not authorized without prior request approved by your manager.

My door is open. If you have an idea to help us make progress, no matter what it is, don’t be shy. Send your idea for approval by your supervisor and manager.
Stop by, call me and leave a message so we can meet at lunch in the cafeteria, or just send me an e-mail. If possible we will arrange a meeting to include your supervisor and manager.

We’ve got the chance to be a model for the way American business should be in the twenty-first century. I have faith in you. Let’s do it!

Wall Street Journal
September 3

In a surprise move, Bob Johnson, CEO at Acme Corporation only since May of this year announced that he and 300 employees of Acme were leaving the company in order to start their own competing business. Investors have flocked to the new company citing its spirit of innovation and enthusiasm.

Concerns about Johnson being in violation of a non-compete clause were laid to rest when Mr. Johnson pointed out that he was still waiting for Acme to complete the final edits on his employment contract originally due last April.

The new company, named “Phoenix” is a much flatter organization with services such as payroll and legal counsel contracted with top providers rather than being conducted in house.

Acme was contacted for this story, who replied that they are preparing their press release, which will be forthcoming.

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