This is good news, as he should not have remained in the first place.
When a CEO goes they should go completely, not honorary anything and expecially not Chairman.
Going means just that!
The successor needs and should have full freedom to be the senior executive of the company.
Onésimo Alvarez-Moro
See article:
· Man who made firm world leader quits as president
· Denies accusations he had sided against the new boss
Vodafone was thrown into further turmoil last night after Sir Christopher Gent, who built the business into the biggest mobile phone firm in the world, severed all ties with the company.
In a statement, Sir Christopher said he had decided to quit his role as life president after allegations were made that he had taken sides in the bitter boardroom row that has threatened to engulf the firm. In a lament for times when Vodafone could do little wrong in the eyes of the City, Sir Christopher noted that his own era as an executive "was mercifully free of company politics and blame culture".
See full Article.
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