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The second sentence in your quote seems to be enough justification to fire a CEO. Why do you think it "was an insufficient reason"? What basis is sufficient for

• dekhn 3y ago
  Not if you are going to remove your board chair (who is also the CEO) and you do so with a press release that's vague. That instantly tripped everybody's BS meters and led to the board's downfall. If they had been more specific about the reason it would have been less likely to trigger BS meters but would also have been unlikely to convince anybody their actions were appropriate.