Executive Struggle at Taylor Sees CEO Resign
NORTH MANKATO, MN—A struggle in the executive offices of commercial printer Taylor Corp. has led to the resignation of CEO Jean Taylor, who is the founder's daughter, and prompted human resources head Donna DiMenna to leave the company as well, several sources reported.
DiMenna said she quit after a trio of Taylor Corp. executives tried to ouster her and scale back the duties of Taylor, daughter of Glen Taylor, who is also owner of the NBA's Minnesota Timberwolves. The elder Taylor, in a statement, said that his daughter stepped down for personal reasons.
DiMenna told the Star Tribune that Glen Taylor "nixed the coup attempt" but did not dismiss the men responsible for it. She said the men tried to get her and two executive board sympathizers terminated due to differences of opinion in company strategy.