lizsweig on Nostr: Boards fire CEOs when they create risk for the shareholders that the board didn’t ...
Boards fire CEOs when they create risk for the shareholders that the board didn’t know about and approve a strategy to mitigate. The most likely suspects in these types of ousters are the same ones that trigger restatements for publicly traded companies: regulatory, tax, and/or IP ownership issues set in motion without the board’s knowledge or in deliberate contravention of their direction.
Published at
2023-11-18 00:51:23Event JSON
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