First Brands CEO Patrick James Resigns Amid Bankruptcy
TL;DR Summary
Patrick James resigned as CEO of First Brands Group following its bankruptcy, leaving restructuring expert Charles Moore to manage the complex financial issues, including allegations of asset commingling and off-balance sheet financing, as the company seeks to stabilize and sell its assets.
- First Brands’ Founder Patrick James Resigns as CEO Bloomberg.com
- First Brands Boss Resigns and Jefferies Seeks to Calm Its Investors The Wall Street Journal
- First Brands’ elusive CEO steps down as pain grows; local turnaround vet takes reins Crain's Detroit Business
- First Brands CEO James resigns amid bankruptcy process; turnaround expert in charge Reuters
- First Brands founder Patrick James steps down as CEO Financial Times
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