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A comment on Facebook Loses Top Executives, Including Chris Cox. Parent comment

Re:Facebook Loses Top Executives, Including Chris Cox by smrq on Thursday March 14, 2019 @05:17PM (#19393838)
Why does this shareholder value meme keep getting perpetuated?
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Re:Facebook Loses Top Executives, Including Chris Cox by floatrock on Thursday March 14, 2019 @05:20PM (#19393883)
Because that's who a CEO reports to and that's how a CEO gets fired.

Some CEO's like Elon and Jobs can spin a great story and hold on by sheer force of personality, but pension funds aren't buying FB in bulk to get more green cars on the road.

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Re:Facebook Loses Top Executives, Including Chris Cox by vonmoltke on Thursday March 14, 2019 @08:13PM (#19395212)
> Because that's who a CEO reports to and that's how a CEO gets fired.

That has nothing to do with the legal requirements of the company or the CEO. That would be the same as saying I am "legally required" to go to work tomorrow, because I could get fired for not showing up.

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