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Damage control and placating the media. Having scandal after scandal while doing literally nothing is a really bad look. The board here gets the best of both wo
by nxc18 9y ago
Damage control and placating the media. Having scandal after scandal while doing literally nothing is a really bad look. The board here gets the best of both worlds, publicly appearing to do something while also still doing basically nothing.
- 65827 9y agoI think you might be a tad overly cynical, this is basically unheard of nowadays and a pretty major move by the board.
- meowface 9y agoIt is very unusual, but is it really accomplishing much? If he still effectively controls the company and will return from his leave, then what message is this supposed to send? A pay cut or something would make a lot more sense, if they don't want to fire him outright.
- grandalf 9y agoTrue, and people also deserve the chance to reinvent themselves.
- happy-go-lucky 9y ago> The board here gets the best of both worlds, publicly appearing to do something while also still doing basically nothing. +1. They have suffered an irreversible damage, made everyone doubt their integrity.