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The departure of Amazon executive Dave Clark and the return of Flexport’s founder Ryan Petersen as CEO highlights the challenges of growth in the freight market. Despite Clark’s experience in logistics, the company struggled to expand due to a decline in freight rates.
This situation raises the question of whether founders coming back to lead their companies is always a successful strategy. While there have been cases like Steve Jobs and Reddit’s Steve Huffman where it worked out, others, such as Superdry’s Julian Dunkerton and Starbucks’ Howard Schultz, faced difficulties in revitalizing their respective companies.
This pattern indicates the risks of over-reliance on one figure and the inability to adapt. CEOs who remain involved in the company even after stepping down can hinder the new leadership’s ability to bring fresh ideas and make necessary changes.
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