this post was submitted on 22 Nov 2023
126 points (90.4% liked)
Technology
60006 readers
3315 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
No. They destabilized the value of the company and put their partnerships at risk. It was a dumb move and has had the expected outcome.
The whole purpose of the board is to provide a safety valve. If the CEO is hiding stuff from the board then that seems like a completely legitimate reason to throw out a CEO. It's hard to be a safety valve when the CEO is actively hiding information from the board to make the decisions they need to make.