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Any examples of companies that have done significantly better after publicly ousting their founder CEO? I've worked at more than one where it turned to shit...
by aianus 9y ago
Any examples of companies that have done significantly better after publicly ousting their founder CEO?
I've worked at more than one where it turned to shit...
- nkassis 9y agoBut if they are ousting their CEO publicly it's probably because things are going extremely badly. I don't think ousting the founder is necessarily making it worse and thus the cause for those companies to worsen after the ousting.
- deleted 9y ago[deleted]
- CreepGin 9y agoPaypal? Well, things are complicated.
- throwaway987634 9y agohttp://www.businessinsider.com/how-ciscos-founders-were-ousted-2014-12 http://www.businessinsider.com/how-ciscos-founders-were-oust...
- deleted 9y ago[deleted]
- trjordan 9y agoLook up "Rich or King". Companies tend to do better when the founders give away control to people better suited to do the job they would otherwise do. It just doesn't tend to be very public when it happens successfully.