He never expected he’d be standing in a conference room with his employees telling them they no longer had jobs. Telling them Poseidon Seafood, the company he founded and nurtured for more than 22 years, was dead.
“I felt I let them down,” Rich LaVecchia, unable to hold back his emotions, said in his first public interview since the $100 million (€74.9 million) North Carolina seafood distributor abruptly closed its doors Nov. 21, victim of the U.S. economic crisis.
“Every day I wake up what really pains me is there are a lot of people that supported the company over the years that are going to have a hard time weathering the storm.
