I am not privy to any inside information. What I am saying is that if it was a "well known secret" that Caldbeck was behaving badly then Teo should have pulled

I am not privy to any inside information. What I am saying is that if it was a "well known secret" that Caldbeck was behaving badly then Teo should have pulled Caldbeck aside and said this must stop immediately or leave willingly or unwillingly, Caldbeck's choice. If Teo knew and did nothing then he is reaping what came from his own inaction and his words ring hollow now. Further, if he knew and did nothing, the stakeholders, all of them, deserve more from the CEO. I have never thought that Teo should resign for something someone else did but if he knew and turned a blind eye to what was going on then his resignation may end up being necessary for Binary to fully recover. I have always been a firm believer in personal accountability and at this point only Teo knows what he knew and when.