Five ACS Board Members Resign After Feud with ChairmanBy Sharon Linsenbach | Print
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ACS board members and Chairman Darwin Deason trade barbs in public letters obtained by the Wall Street Journal. (eWEEK.com)Affiliated Computer Services, caught in a bitter battle between members of the company's board and its chairman, said in a statement Nov. 1 that five board members had resigned after initially refusing to do so.
Darwin Deason, chairman and founder of outsourcing provider ACS, asked for the five board members' resignations verbally the evening of Nov. 30, board members said, and he asked again on Nov. 1 in a letter obtained by the Wall Street Journal.
Deason claimed in the letter that company shareholders no longer trusted the five-member board of independent directors.
Read the full story on eWEEK.com: Five ACS Board Members Resign After Feud with Chairman