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Yes, it's probably not illegal, but it should still cause the exec to be fired.
by damnyou 7y ago
Yes, it's probably not illegal, but it should still cause the exec to be fired.
- d1zzy 7y agoHe's not an exec, he's a founder (which together with Larry and Eric controls over 50% of shareholder voting power). He'd have to fire himself.
- vecter 7y agoThat's not entirely true. The board has the power to fire executives (that's one of the purposes of having a board, for executive oversight). You're correct in that those three could theoretically vote to change the board, but doing so also has other drastic consequences. That also takes time and process, and it's possible the board can make a move before they have the time to see that process through.