Yep. This is a strike 1 for the CEO and everyone knows it. Unless there is someone else who can do better job, it doesn't make sense for him to step down. Ho

Yep. This is a strike 1 for the CEO and everyone knows it. Unless there is someone else who can do better job, it doesn't make sense for him to step down. However, I do wonder if it would appeasing to take voluntary pay cut as a more visible form of taking responsibility. Just a thought.