The board members stood as I entered the discussion. Rebecca formally introduced me as Margaret Collins, founder and majority owner of Collins Industrial Holdings. Richard stared at me as though he had seen a ghost. He tried to explain that our previous dinner conversation had been misunderstood, but I calmly reminded him that offering someone a toilet-cleaning job was not a misunderstanding.
Then the auditors presented their findings. Richard was given an opportunity to respond, and the board reviewed the evidence before making its decision. His authority was suspended pending the completion of the investigation. The company also referred the potentially improper financial transactions for further independent review. Richard finally understood that his position had never made him untouchable.
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