Kind of old news, but it just shows how dimly the private sector looks on founding fathers.
http://money.cnn.com/2013/06/19/news/companies/mens-wearhouse-zimmer/index.htmlMen's Wearhouse executive chairman George Zimmer has been "terminated," the clothing retailer said on Wednesday.
Zimmer opened the company's first store in Houston in 1973. He's been the bearded face of Men's Wearhouse (MW) in television ads for years, famously promising men, "You're going to like the way you look. I guarantee it."
The company's press representatives declined to say why it fired the the co-founder.
"The Board [of Directors] expects to discuss with Mr. Zimmer the extent, if any, and terms of his ongoing relationship with the company," the retailer said in a prepared statement.
But in a statement issued by Zimmer Wednesday, he said he was fired because of disagreements over the direction of the company.
"Over the past several months, I have expressed my concerns to the board about the direction the company is currently heading," said the statement. "Instead of fostering the kind of dialogue in the boardroom that has in part contributed to our success, the board has inappropriately chosen to silence my concerns through termination as an executive officer."