4 ms·
Such press releases are usually much more subdued, with the ousted CEO absolutely not replaced by the board but "voluntarily deciding to quit in order to spend
by brohee 7y ago
Such press releases are usually much more subdued, with the ousted CEO absolutely not replaced by the board but "voluntarily deciding to quit in order to spend more time with his family".
It's pretty rare that the press release explicitely says the board ousted the CEO.
- AnimalMuppet 7y agoIt's also pretty unusual for the press release to admit that relationships have been damaged and confidence lost.