I’m embarrassed it took me so long to realize this. Somebody explained that to me recently, within the context of a conversation about layoffs. That CEO had no prior CEO experience, was only there for less than a year, and was part of the board of directors. In hindsight it seems so obvious.
sometimes you bring on a ceo just to get some controversial thing done. they can eat the blame and then leave
It’s what boeing does everytime a plane goes down.
That must be quite a list of ceo’s
I’m embarrassed it took me so long to realize this. Somebody explained that to me recently, within the context of a conversation about layoffs. That CEO had no prior CEO experience, was only there for less than a year, and was part of the board of directors. In hindsight it seems so obvious.
So like a corporate sin eater?
Don’t worry though, they’ll fail towards.