Hey! I have a degree in business. I follow business in the media. I have never heard of such a thing.
As far as I can tell, he was owner, CEO and Chairman until 2002. That means full control and full responsibility until that time. But in 2002 he bought himself out "with a golden parachute." But in the mean time, tax forms, SEC filings etc said he was in control.
The retroactive retirement somehow erased this paper trail? But in this time line the paper still exists. Perhaps the guy in the blue box who told Romney he could fix everything was not ACTUALLY Dr. Who?