In May 2003, Zipcar of Boston decided it was time to bring in new funding to reach profita
In May 2003, Zipcar of Boston decided it was time to bring in new funding to reach profitability (see www.zipcar.com). However, the willing investors insisted on replacing the CEO and the board of directors. Examine Zipcar’s subsequent progress in terms of execution and need at different stages of the life of this company.
The decision taken by zipcar was replacing the CEO of the company, was the decision taken by them correct by replacing the CEO.What all steps taken by zip car when repacing the CEO.