The CEO of a billion-dollar investment firm said his company is moving away from Seattle following weeks of unrest and the establishment of downtown’s so-called Capitol Hill Occupied Protest, or CHOP.
“The unrest that has taken place in the city of Seattle ... there is really is not a downtown business community today,” Smead Capital Management President Cole Smead told KTAR on June 22. The firm announced its decision to move its office to Phoenix’s Camelback Corridor last week.
