I was "out of the loop", too - until I read the article. It's all there, just a few paragraphs down. Even if you believe the "maximize shareholder value" line

I was "out of the loop", too - until I read the article. It's all there, just a few paragraphs down. Even if you believe the "maximize shareholder value" line - it is the very definition of the CEO's job to prevent stuff like this from happening.