> But if a new CEO comes in (or if the company is acquired and there's an entirely new board), are they bound by the promises of the previous executives? They

> But if a new CEO comes in (or if the company is acquired and there's an entirely new board), are they bound by the promises of the previous executives? They may be not, it ultimately depends on the context, but I would call into question any highly disruptive decision made by a recent newcomer.