5 ms·

>Whoever is responsible for that should be ashamed. Isn't it the CEO?

by itsoktocry 6y ago

deleted 6y ago
[deleted]
broknbottle 6y ago
more than likely a single "Rogue" engineer
- dfee 6y ago
  This was sarcastic, right?
  - withinboredom 6y ago
    Someone’s gotta be the scapegoat...
  - arthurcolle 6y ago
    Obviously yes, probably on the back of stuff like Jerome Kerviel, and Tom Hayes, where one "rogue X" is capable of taking down Y.
  - devmunchies 6y ago
    "air quotes" https://en.wikipedia.org/wiki/Air_quotes https://en.wikipedia.org/wiki/Air_quotes
- Ygg2 6y ago
  You mean scapegoat?
- onion2k 6y ago
  The engineer is responsible for it. The CEO is accountable for it.
momokoko 6y ago
No. It’s the board of directors. The board of directors is by proxy of the shareholders, is the actual owner in a practical sense of a corporation. The CEO can, in most cases, be removed at any time by the board and be replaced by someone else. Without the boards approval none of this can happen. So if you need to blame someone. It’s the board of directors.
- arthurcolle 6y ago
  Completely wrong, doesn't even make sense. You can easily have BoD individuals with tiny minority stakes in corporations. Sorry to be abrupt, but I really just don't advise making huge sweeping statements on things if your take is just blatantly wrong and misleading.
  - momokoko 6y ago
    Who votes to hire or fire the CEO?
    - arthurcolle 6y ago
      the BoD, next question?
      - momokoko 6y ago
        So then how is this the CEO when the board actually controls who the CEO is? The CEO is employed by the grace of the board. The performance and decision making of CEO is implicitly approved or disapproved by the board of directors decision on a rolling basis to maintain or terminate the employment of the CEO. The same CEO that meets with the board on a regular basis to answer questions and provide updates .
    - stingrae 6y ago
      Larry and Sergey
  - Talanes 6y ago
    The personal stake of BoD individuals is completely irrelevant, and your focus on that suggests you don't understand what "by proxy" means.

>Whoever is responsible for that should be ashamed. Isn't it the CEO?

deleted 6y ago

[deleted]

broknbottle 6y ago

more than likely a single "Rogue" engineer

dfee 6y ago
This was sarcastic, right?
- withinboredom 6y ago
  Someone’s gotta be the scapegoat...
- arthurcolle 6y ago
  Obviously yes, probably on the back of stuff like Jerome Kerviel, and Tom Hayes, where one "rogue X" is capable of taking down Y.
- devmunchies 6y ago
  "air quotes" https://en.wikipedia.org/wiki/Air_quotes https://en.wikipedia.org/wiki/Air_quotes
Ygg2 6y ago
You mean scapegoat?
onion2k 6y ago
The engineer is responsible for it. The CEO is accountable for it.

momokoko 6y ago

No. It’s the board of directors. The board of directors is by proxy of the shareholders, is the actual owner in a practical sense of a corporation. The CEO can, in most cases, be removed at any time by the board and be replaced by someone else. Without the boards approval none of this can happen. So if you need to blame someone. It’s the board of directors.

arthurcolle 6y ago
Completely wrong, doesn't even make sense. You can easily have BoD individuals with tiny minority stakes in corporations. Sorry to be abrupt, but I really just don't advise making huge sweeping statements on things if your take is just blatantly wrong and misleading.
- momokoko 6y ago
  Who votes to hire or fire the CEO?
  - arthurcolle 6y ago
    the BoD, next question?
    - momokoko 6y ago
      So then how is this the CEO when the board actually controls who the CEO is? The CEO is employed by the grace of the board. The performance and decision making of CEO is implicitly approved or disapproved by the board of directors decision on a rolling basis to maintain or terminate the employment of the CEO. The same CEO that meets with the board on a regular basis to answer questions and provide updates .
  - stingrae 6y ago
    Larry and Sergey
- Talanes 6y ago
  The personal stake of BoD individuals is completely irrelevant, and your focus on that suggests you don't understand what "by proxy" means.