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Yes, that would raise eyebrows, except that's not the case here at all.
by ancorevard 7y ago
Yes, that would raise eyebrows, except that's not the case here at all.
- chipotle_coyote 7y agoThose weren't his literal words, but I trust you get my point: in most cases, this sort of transition is handled with something like "Joe Foobar will step down as FoobarCo's CEO at the end of next month, transitioning to [insert obviously ceremonial position]." This is an immediate transition to a position which isn't obviously ceremonial at all. I'm not suggesting anything tragic like a fatal illness, a #MeToo event, or a presidential run, but only suggesting that this is an unusually-handled event. Look at his predecessor Michael Eisner, who was forced to resign after losing a boardroom battle -- Iger was announced as the next CEO in March 2005, but Eisner didn't actually leave until the end of September 2005, over six months later.
- perl4ever 7y agoIt's hard to tell from outside of any place. I felt once that I was a victim of attempted "constructive discharge", but I was not (and never have been) immediately marched out after giving my two week notice. Conversely, I had a boss that I never heard anything bad about or a scandal, who was escorted out with his stuff mailed to him after like a decade of service. Nobody admitted to knowing why, except for the usual generic reasons for a layoff.