Sheldon Yellen manages a $1.5 billion company that operates in 31 countries and employs 7,000 people … all without a smartphone.
The CEO of Belfor, a privately held property restoration company, told CNBC why he only uses a flip phone — and it's not to be trendy.
"You can't show and feel emotion, compassion, passion or intent through a smartphone, through text," Yellen said.
Having a flip phone encourages phone conversations, the CEO said, which he strongly prefers to texting.
"If someone has something to say to me, they know they can pick up the phone. I'll answer their question," he said. "I am approachable, and I can't convey that through a text."