I don’t know what you’re talking about
- Oct 25, 2017
Either he was asked to step down and refused or enough people hated him that they could kick him out. When was the last time a CEO was just booted
Yup, and guess what? AMD is kicking their ass so hard right now. I absolutely do not believe its simply cause of a relationship, neither for Intel or McD's CEOs. He must have fucked up or a power struggle. Intel's CEO definitely got canned for losing to AMD, not for being in a relationship with a employee.
The CEO is the corporate overlord. The fact that shareholders or the board can out him with a vote is basically a sort of checks and balances type of thing, since no single person can direct the CEO.
it's the crux of the matter, even if said employee wasn't getting any preferred treatment whatsoever.
Just to clarify, it's more like canned for a combination of bad management decisions and being unlucky enough for the 10nm delay fiascos to happen under his watch (which was really only indirectly related to his leadership). It's like how presidential approval correlates to a lot of factors out of their control in that way.
Plenty of businesses have policies against nepotism, and dating an employee of your company would very much qualify, specifically if said employee was receiving preferential treatment over others more deserving. It's hardly some uncommon thing and often taken very seriously.
That’s assuming she was receiving preferential treatment. But it’s wild to even make that claim, imo anywayPlenty of businesses have policies against nepotism, and dating an employee of your company would very much qualify, specifically if said employee was receiving preferential treatment over others more deserving. It's hardly some uncommon thing and often taken very seriously.
If he’s embezzling money or the stock has cratered sure, but I think forcing someone out because he wants to have a relationship with another human being is a bridge too far.
Everyone I've ever worked with has had this policy, from a company perspective it's a lawsuit waiting to happen. Some even banned same level relationships but never really enforced it.