Re:Sex Scandal Toppled a Silicon Valley Chief. Investors Say...
by rayiner on Saturday July 28, 2018 @04:33PM
(#17634895)
The article is about sexual harassment, not sexual assault:
> A year into SoFi’s life, the company’s board learned about Mr. Cagney’s personal behavior. In 2012, the board settled with an executive assistant who had received sexually explicit text messages from Mr. Cagney, The New York Times previously reported.
That is, in fact, behavior that should engender serious consequences. (Also lying to the board about it).
Also, there is no such thing as a CEO "just dating" a subordinate. It's incredibly unfair to the person involved (who might get into the relationship out of concern for what happens to her job if she reject's the CEO's advances).
Even if the relationship is totally on the up and up, it's unfair to everyone else, and in this case was a diversion of corporate resources for illegitimate purposes:
> he had used company resources to pursue a romantic relationship with an employee, the people said. Mr. Cagney said he had previously suggested that employee as a promising candidate for chief financial officer.
> A year into SoFi’s life, the company’s board learned about Mr. Cagney’s personal behavior. In 2012, the board settled with an executive assistant who had received sexually explicit text messages from Mr. Cagney, The New York Times previously reported.
That is, in fact, behavior that should engender serious consequences. (Also lying to the board about it).
Also, there is no such thing as a CEO "just dating" a subordinate. It's incredibly unfair to the person involved (who might get into the relationship out of concern for what happens to her job if she reject's the CEO's advances).
Even if the relationship is totally on the up and up, it's unfair to everyone else, and in this case was a diversion of corporate resources for illegitimate purposes:
> he had used company resources to pursue a romantic relationship with an employee, the people said. Mr. Cagney said he had previously suggested that employee as a promising candidate for chief financial officer.