Read Online Monahan 01 Options by Rosemarie A D'Amico - Free Book Online Page B
Authors: Rosemarie A D'Amico
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to think that the executives share information with me because they can trust me. I’ve been around and lived through a lot of history in this company and I’ve become the unofficial company historian of fact and fiction.
“So, who’s in and who’s out?” I asked Tom.
“Well, the technical staff stay. That goes without saying. We’re trying to figure out now if there’s any fit for the top guys.” Tom very carefully added Sweet ‘n Low to his coffee. No extra calories for this guy.
“What about Jerry Marsh?” I asked. Jerry Marsh was the majority owner of the company we had just acquired and the word was that he sold the company so he could retire.
“He’ll stay around for six months to consult. Help with the transition,” Tom said.
“In other words, he’s playing golf and buying retirement real estate,” I stated.
“We’ve got a lot of overlap in the finance and personnel positions. We promised them hefty severance packages when we bought them. Most of them’ll be gone when we get their operations working in synch with ours,” Tom said.
This was standard operating procedure. TechniGroup would buy up smaller companies who were in the same sort of business as ours. Usually they would have contracts that were making money so they were very attractive buys for us. We’d purchase the company, keep the technical people and ditch the rest of the staff. I’d seen dozens of people come and go over the last two years. The transitions could take up to six months while our people got to understand their operations. We’d take this time to train their technical staff to our products and internal procedures.
“What about Phil? Oops. Excuse me, Philip?” I asked.
“I can’t see him lasting long. We don’t need two operational guys. Rick Cox’ll make mincemeat of him.”
“Yeah, but I thought we’d promised him a job. We did a separate agreement for him to keep him on. Oakes was adamant about fitting Phil into the organization. Wasn’t the plan to create some sort of position in operations, kind of on a smaller scale? Get Phil running a couple of the regions?” I asked.
“Cox is fighting it tooth and nail. He and Oakes had a major screaming match about it the other day. Cox was so mad I thought he was going to run and get his mommy.” Tom laughed.
Tom and I both knew that Rick Cox had not been very involved in the acquisition of Marshton Systems. It had been a transaction that Oakes had pushed through without any input from Cox. God, what a pair. I wondered if other organizations had such team work at the top.
I took a sip of my coffee. “Well, the next week should be interesting.”
“Have any arrangements been announced yet for Ev’s funeral?” Tom asked.
“No, nothing yet. If I find out, I’ll let everyone know. You know Tom, we’ve got a great gaping hole with Ev gone. It’s going to take some time to get someone up to speed on her job.”
“Jay can take it over,” Tom stated.
Oh yeah, big promotion Jay. Maybe I’ll be the one to tell him. Jay, you’ve been promoted. We hope you’re up to the task. The job’ll involve a lot of data entry work and we’ll be glad to provide training.
“Right Tom. Jay’ll be happy with that. Taking over a clerical job. Tom, you should look at some of the existing staff to see who can do the job. We need someone who can be trusted. If we get someone from inside, the learning curve won’t be difficult.”
Tom was flexing his forearms and staring at himself in the shiny surface of the paper towel dispenser over the sink. I grabbed my coffee and sighed. At least I’d had his attention for about five minutes. Par for the course. The man had the attention span of a two year old.
“Good luck at your meeting,” I said over my shoulder as I left the room.
He didn’t hear me. He was picking at a piece of dry skin over his eyebrow.
chapter ten
I’d had enough by five-thirty. Even a slave gets time off. I signed off my computer and
“So, who’s in and who’s out?” I asked Tom.
“Well, the technical staff stay. That goes without saying. We’re trying to figure out now if there’s any fit for the top guys.” Tom very carefully added Sweet ‘n Low to his coffee. No extra calories for this guy.
“What about Jerry Marsh?” I asked. Jerry Marsh was the majority owner of the company we had just acquired and the word was that he sold the company so he could retire.
“He’ll stay around for six months to consult. Help with the transition,” Tom said.
“In other words, he’s playing golf and buying retirement real estate,” I stated.
“We’ve got a lot of overlap in the finance and personnel positions. We promised them hefty severance packages when we bought them. Most of them’ll be gone when we get their operations working in synch with ours,” Tom said.
This was standard operating procedure. TechniGroup would buy up smaller companies who were in the same sort of business as ours. Usually they would have contracts that were making money so they were very attractive buys for us. We’d purchase the company, keep the technical people and ditch the rest of the staff. I’d seen dozens of people come and go over the last two years. The transitions could take up to six months while our people got to understand their operations. We’d take this time to train their technical staff to our products and internal procedures.
“What about Phil? Oops. Excuse me, Philip?” I asked.
“I can’t see him lasting long. We don’t need two operational guys. Rick Cox’ll make mincemeat of him.”
“Yeah, but I thought we’d promised him a job. We did a separate agreement for him to keep him on. Oakes was adamant about fitting Phil into the organization. Wasn’t the plan to create some sort of position in operations, kind of on a smaller scale? Get Phil running a couple of the regions?” I asked.
“Cox is fighting it tooth and nail. He and Oakes had a major screaming match about it the other day. Cox was so mad I thought he was going to run and get his mommy.” Tom laughed.
Tom and I both knew that Rick Cox had not been very involved in the acquisition of Marshton Systems. It had been a transaction that Oakes had pushed through without any input from Cox. God, what a pair. I wondered if other organizations had such team work at the top.
I took a sip of my coffee. “Well, the next week should be interesting.”
“Have any arrangements been announced yet for Ev’s funeral?” Tom asked.
“No, nothing yet. If I find out, I’ll let everyone know. You know Tom, we’ve got a great gaping hole with Ev gone. It’s going to take some time to get someone up to speed on her job.”
“Jay can take it over,” Tom stated.
Oh yeah, big promotion Jay. Maybe I’ll be the one to tell him. Jay, you’ve been promoted. We hope you’re up to the task. The job’ll involve a lot of data entry work and we’ll be glad to provide training.
“Right Tom. Jay’ll be happy with that. Taking over a clerical job. Tom, you should look at some of the existing staff to see who can do the job. We need someone who can be trusted. If we get someone from inside, the learning curve won’t be difficult.”
Tom was flexing his forearms and staring at himself in the shiny surface of the paper towel dispenser over the sink. I grabbed my coffee and sighed. At least I’d had his attention for about five minutes. Par for the course. The man had the attention span of a two year old.
“Good luck at your meeting,” I said over my shoulder as I left the room.
He didn’t hear me. He was picking at a piece of dry skin over his eyebrow.
chapter ten
I’d had enough by five-thirty. Even a slave gets time off. I signed off my computer and
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