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Longstanding chief executive Nick Lancaster, who still owns 20% of the business, quit in May and a number of non-executives – including former Pink Floyd drummer, car enthusiast and 2% shareholder Nick Mason – followed him out of the door.
The moves come two weeks after Jeffrey K. Skilling, a longtime protégé of Mr. Lay who was the architect of Enron's wholesale energy-trading business, quit unexpectedly after just six months as chief executive.
The morning after the shuffling was announced, two rising stars in Morgan Stanley's securities business quit: Vikram Pandit Vikram Pandit and John Havens John Havens.
"I started painting two and a half years ago, sold my business, quit my job and never looked back".
Similar(52)
The Industry Standard, a weekly magazine started in 1998 to report on Internet-related businesses, quit publishing in August.
He'd been the black sheep of the family ever since his youth; he dropped out of business school, quit his job, divorced his wife and had used cocaine.
The Marks & Spencer director in charge of the retailer's clothing and homewares business has quit after nearly 30 years with the business.
Her father, who owned a heavy-equipment business, had quit before she was born and was determined to keep cigarettes away from his three daughters.
The head of RSA's Irish business has quit the insurer after claiming he was made the "fall guy" following allegations of accounting irregularities in the division.
He was two credits shy of an undergraduate degree in business but quit to start working for his dad in the familys basement.
Putting £50,000 of my own money into the business, and quitting my job, Hostmaker was officially launched".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com