Re:If A.I. Can Do Your Job, Maybe It Can Also Replace Your CEO
by yobbo on Wednesday May 29, 2024 @02:59PM
(#40515518)
> Two of the companies I've worked for have had their CEOs fired/replaced for poor performance.
Ah. Like employees.
Re:If A.I. Can Do Your Job, Maybe It Can Also Replace Your CEO
by bitcharmer on Wednesday May 29, 2024 @02:09PM
(#40514939)
I think I should have been more clear with my "fucked up" definition. What I was referring to is not criminal misconduct which you seem to be focusing on but rather failing as a leader/executive in a business sense.
Two of the companies I've worked for have had their CEOs fired/replaced for poor performance.
One of them was also mismanaging finances and spending for his own gain. It became common knowledge in the local investor community. He was never able to return to being a CEO again, except for some unknown company in Europe where he was briefly a remote CEO.
If you want more public examples: Sam Bankman-Fried, Elizabeth Holmes, etc. are literally in jail. Many public companies also ditch their CEOs publicly, and most don't recover to the same career level. You just don't hear about those stories much because they don't generate rage-clicks the same way another dozen articles about Jeff Bezos or Sam Altman will.