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Mr. O'Shaughnessy, who is a vigorous 69, has ceded management of Revere to a son, Michael, now chief executive.
The agreement also marks the second time in the past year that a Japanese carmaker has ceded management control to a foreign competitor.
The Architizer office doubles as the home of HWKN, a firm he started in 2007 with Matthias Hollwich (who conceived the idea for the site, Mr. Kushner said, although he has ceded management to Mr. Kushner, its chief executive).
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Inktomi's founders have ceded management of their company to Chief Executive David Peterschmidt, a formerchief operating officer at Sybase.
In fact, with the firm prospering, Dalio has been living up to a promise to spend a bit more time away from it, and he has ceded some day-to-day management responsibility to Jensen and McCormick.
The bugle has ceded its call to power.
Burton has ceded directorial responsibilities to British film-maker James Bobin.
With higher prices, Australian shiraz has ceded much of the inexpensive market to malbec from Argentina.
(The state of Victoria has ceded its powers in this area to the federal government).
The violent birth of this nation has ceded to war waged like a computer game.
So Levi's has ceded control of its online sales to retail partners.
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CEO of Professional Science Editing for Scientists @ prosciediting.com