Yes where has the CEO moved to? He would surely be snapped up since he was clearly such a good operator.
In answer to your question
Skystar320...
Why would you sell a company that is earning the owners nearly double digit millions?
What if after having taken over the reins from the departing CEO you realise that it is in a very poor state with unsustainable staff turnover? What if you are the owner and already so rich that you couldn't spend the money you already have in the years left? What if you wish to sell it to make an investment elsewhere?
By the way are you saying earning as in profit? Net or gross? What sort of return on capital would that be then?