Lionel Trains Shakeup
It looks like there might be some fallout at Lionel Trains from the recent Greendale train debacle.
Lionel CEO (Bill Bracy) and Marketing VP (John Brady) were terminated by Lionel this past Monday. There's no "official" word from Lionel yet, according to Classic Toy Trains Magazine.
Naturally, this topic is being much-discussed on the O Gauge Railroading forums. One recent post, from someone claiming to have "inside" information, states that the firings were at the behest of Neil Young and Lou Kovach due to the execs' "dragging their feet" with innovations to the Train Master Command Control system, invented by Neil and his Lionetech firm.
Sadly, major layoffs seem to be in the works at Lionel, too.
This is the third executive shake-up of Lionel since the September 1995 purchase of Lionel from Richard Kughn by Wellsprings, LLC and Neil Young.
Thanks to Lou for the info!
Labels: lionel, neil young, trains
by thrasher@PermaLink: 9/17/2004 02:12:00 AM
2 comments
>> Pre-Order on Amazon.com << 
Human Highway
Concert Review of the Moment
This Land is My Land
FREEDOM In A New Year
*Thanks Neil!*
![[EFC Blue Ribbon - Free Speech Online]](http://www.thrasherswheat.org/gifs/free-speech.gif)
The Unbearable Lightness of Being Neil Young
Pardon My Heart
"We're The Ones 
Thanks for Supporting Thrasher's Wheat!
This blog 
(... he didn't kill himself either...)
#AaronDidntKillHimself
Neil Young's Moon Songs
Civic Duty Is Not Terrorism
Orwell (and Grandpa) Was Right
What's So Funny About 
2 Comments:
Thought you might enjoy this flash-forward post on Neil Young and Lionel. What do you think is in store in Lionel's future?
http://undercurrents.tmgstrategies.com/2008/05/08/who-killed-the-lionel-train/
the train sets are too expesive for the average family.one would think a millonaire/neil young would have thought of that.dont be denied...
Post a Comment
<< Home