Les Canadiens ownership setup?
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01-15-2012, 10:01 PM
Join Date: Apr 2004
Location: Kingston or Hamilton
Corporate Legal Issue.... the same person can't be chairman of the Board and President of the team. Its a conflict of interest, so Molson gave up the Chairman job when he took the President job.
President has more day to day responsibility with the team. Where Chairman is more an "overseer" of everything who looks big picture and doesn't get involved in the day to day stuff, even if technically the chairman is superior to he president.
Molson wanted more day to day responsibility...
Nothing more to it than that.
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