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Author Topic: Fry no longer on Mercedes board  (Read 601 times)

Offline Dare

Fry no longer on Mercedes board
« on: February 25, 2010, 08:10:01 PM »
Maybe it's me but if I was buying in a team that just won
both F1 titles I may tale the advice Andy gave me on the GG,
"if it ain't broke don't fix it"



ESPNF1 Staff
February 25, 2010 
Nick Fry played a key role in Jenson Button's championship win in 2009 © Sutton Images Mercedes has confirmed that CEO Nick Fry has stepped down from the team's board, removing him from some of the key decision making.

He remains as CEO but a Mercedes spokeswoman said he would now be an "observer" at board meetings rather than having a vote. A report in the Evening Standard revealed that Fry, who had been on the board since 2002 during the team's BAR days, stepped down on January 26 after new owners Mercedes and Aabar took a majority stake in the team.

As CEO he will still be heavily involved in the day-to-day running of the team and take part in its committee meetings. All the other board members, with the exception of team principal Ross Brawn, stepped down at the same time as Fry and have been replaced by staff of Mercedes and Aabar.

Mercedes is currently preparing for the first race of the season by testing in Barcelona alongside its competitors.


Mark Twain once opined, "it's easier to con someone than to convince them they've been conned."

Offline Ian

Re: Fry no longer on Mercedes board
« Reply #1 on: February 25, 2010, 08:47:37 PM »
I know Ross is top cat and all that, but he did'nt do it all on his own.
An aircraft landing is just a controlled crash.

Offline John S

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Re: Fry no longer on Mercedes board
« Reply #2 on: February 25, 2010, 09:05:37 PM »

Just a case of "He who pays the piper...". If you buy out a company you usually put your own people in the boardroom to control the firm.
Racing is Life - everything else is just....waiting. (Steve McQueen)

 


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