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Joe Ray and his fourth wife, Yolanda, traveled to New York with a decorator to visit showrooms and antique stores for some decent furniture to adorn the expanded CEO office. They spent $57,000 on paintings that the decorator adored.
Joe Ray saw no harm because the company had plenty of cash, no debt and was a PIA "High Profit" printer. It always had been. Joe Ray, however, intended to run the company differently than CPH, and would use the office for high-level staff meetings and conferences to pursue some "other" business interests with his buddies at the country club. He felt he would need to impress people with his status as CEO of a $38 million printing company.
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- Companies:
- Compass Capital Partners
- People:
- Claudia
- Joe Ray Smart
- Paula
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