3 ms·
They won’t for optics reasons, it looks incredibly foolish to shareholders to pluck any random MBA and call them a CEO. You have financial due diligence to upho
by sackfield 3y ago
They won’t for optics reasons, it looks incredibly foolish to shareholders to pluck any random MBA and call them a CEO. You have financial due diligence to uphold and this protects you, it shows you are conforming to industry practices.
- philistine 3y agoJust name a damn engineer inside the company! This is so frustrating.
- carlosjobim 3y agoIt is a form of "corruption signalling", compared to "virtue signalling". By blatantly hiring a corrupt or incompetent CEO, the board members are advertising to the world (of finance) that they are corrupt and ready to play ball. This way they might be able to get some nice gigs for themselves.