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Jerry Stritzke, president and CEO of retailer REI, submitted his resignation to the board of directors after an investigation revealed that he was in a
Jerry Stritzke, president and CEO of retailer REI, submitted his resignation to the board of directors after an investigation revealed that he was in a close personal relationship with the leader of another organization in the outdoor recreation industry. After discovering this potential conflict of interest, the board simply could not trust Stritzke, and Stritzke no longer felt he could rely on the confidence of the board members. Which form of conflict has evolved?
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