Reply To: Question for Ken


Great question!

CUC put me on the board as Vice Chairman, and also into the Office of the President, in response to my fears that Sierra would be ruined by being part of CUC. They also formed a software board, which I was to be part of, that was to make the important decisions for the software business. I wanted to know that I had the power required within the organization to give Sierra the maximum chance of surviving. I refused to support the transaction unless I thought there would be a viable software business post-transaction.

Unfortunately, they were just telling me what I wanted to hear, to get the deal done. My titles gave me no power, and I dropped almost all involvement in the software business immediately after the acquisition.

It was a very painful time.

-Ken W