CEO Announces Precedent

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Bucking a growing trend among companies that fear setting precedents for legal, financial and philosophical reasons, Tanbury International announced this week that it has tentatively set one.

CEO Marcia Wormley declined to identify the precedent, other than to say it is “precedent-setting.”

“We invested significant resources and researched the issue for three years,” she says, “The decision was not made lightly.”

Pending the results of additional research, she expects that either the precedent will be set officially by mid 2016, or recommended for additional research.