Chapter 12 - Choosing What to Keep

Over the next two weeks, I sat through meetings I was never meant to enter.
Audit calls.
Governance reviews.
Bridge financing options.
Employee retention discussions.
The first time I walked into Channing Capital’s glass conference room, every face around the table carried some version of the same thought:
This is the woman he called irrelevant?
I was seven months pregnant by then and too tired to care what anyone thought of my floral dresses.
Priya and Nora laid out the options clearly.
I could force a liquidation fight and spend years in court.
I could sell my recognized control position to an outside buyer.
Or I could step in temporarily, stabilize governance, bring in a new operating head, and later decide whether to keep, restructure, or exit.
I chose the third option—not for Derek, certainly not for his legacy, but for the forty-three employees whose paychecks had nothing to do with the fraud that launched the firm.
The board voted to remove Derek as CEO.
An interim operating team was installed.
I became controlling holder subject to final judicial confirmation and entered a standstill arrangement that protected the company while the legal issues were resolved.
When the vote passed, I felt no triumph.
Only a strange stillness.
Six years earlier I had helped Derek survive his broke years in a small Brooklyn kitchen.
Now I was helping his company survive his dishonesty in a Midtown boardroom.
Afterward, I went downstairs and cried in a private restroom for exactly ninety seconds.
Then I washed my face, fixed my lipstick, and called Dante.
“Did you win?” he asked.
“I think I inherited a mess,” I said.
He made a soft sound that might have been laughter.
“Sometimes that’s the same thing.”
Then he added, “Do you want me there?”
He didn’t say where.
He didn’t need to.
“At the next board meeting?” I asked.
“No,” he said. “At dinner. With you.”
May you like
For the first time since the bakery, I smiled before answering.
“Yes.”