Being a CEO of Polaroid

Excerpts from the 2005 interview:

“Most experts concluded that the company would disappear in a fire sale of assets and brand name. That did not happen. Polaroid shrank, to be sure, but it stuck around. ”

“The new Polaroid is the largest seller of portable DVD players, and the fourth-largest seller of plasma TV’s. It just doesn't manufacture them itself.”

“Many Polaroid people have left, but the chief financial officer stayed, the president of the U.S. business and the president of the Asian and European businesses stayed. They will run the businesses day to day.”

“I can’t promise them that the layoffs are over, that no jobs are in jeopardy. But I can promise that we will work every waking hour to avoid them, because we are committed to taking what we have and making it work.”

A noble man doing what he can do.

But this is all very sad. We do not want this happen to our field.