2024-02-10 12:32:27
There is another reason for the sale of companies to management, continues Dmitry Kletochkin, partner of the law firm Rustam Kurmaev and Partners. Business owners who organized it 20-30 years ago are beginning to either retire simply due to age, or transfer the business to their heirs, he says. In such a situation, the question arises of who will exercise overall management of the company. According to Kletochkin, a hired manager is not a solution to the problem, but is only concerned with salary and is ready to leave for competitors at any moment. Therefore, in order to be interested in the company’s performance, the top manager must be its co-owner, he believes.
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