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Translation (perhaps)? “I found out last week that we had 200 open roles and had signed 75 offers. Upon learning this, I fired the CEO. I regret that I now hav
by plaidfuji 3y ago
Translation (perhaps)?
“I found out last week that we had 200 open roles and had signed 75 offers. Upon learning this, I fired the CEO. I regret that I now have to be the one to deliver the bad news.”
- huevosabio 3y agoThis sounds plausible, but can't be the only reason why they fired the ceo no?
- molsongolden 3y agoI can't read the full article but The Information[0] reported that the CEO was spending more than the board found reasonable. [0] https://www.theinformation.com/articles/flexport-founder-ousts-ceo-dave-clark-and-top-lieutenants https://www.theinformation.com/articles/flexport-founder-ous...
- bdcravens 3y agoPresumably so, as down-thread, he states that they were overconfident in their growth. (Most of the time) the CEO knows that if the business can't deliver, it will be their head on the chopping block.