The precise reasons behind the board’s unwillingness to negotiate with outgoing CEO Kewsong Lee aren’t entirely clear, but his departure is exacerbating the underperformance of the private-equity firm’s stock.
The precise reasons behind the board’s unwillingness to negotiate with outgoing CEO Kewsong Lee aren’t entirely clear, but his departure is exacerbating the underperformance of the private-equity firm’s stock.