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> If the claim is the CEO ran it into the ground then the board messed up even worse by not replacing the CEO. Can the board replace the CEO if the CEO has 49%
by oskarkk 2y ago
> If the claim is the CEO ran it into the ground then the board messed up even worse by not replacing the CEO.
Can the board replace the CEO if the CEO has 49% of voting rights?
- LarsDu88 2y agoThe answer is no. She pushed out the first board, but the second hand-picked board still wasn't having it with these lowball offers. This is a shitshow
- HWR_14 2y agoThe answer is yes and no. Yes the board can replace the CEO, but then the 49% owner can almost certainly replace the board