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In what sort of corporate governance model does an executive chairman make an operational decision to fire a line employee?
by markbnj 11y ago
In what sort of corporate governance model does an executive chairman make an operational decision to fire a line employee?
- habitue 11y agoThis is in direct violation of the Chain that Binds.
- tptacek 11y agoA weird one, which the chairman has also taken an operational role managing one of the most visible and important departments in the company: https://news.ycombinator.com/item?id=9880953 https://news.ycombinator.com/item?id=9880953 http://blog.samaltman.com/a-new-team-at-reddit http://blog.samaltman.com/a-new-team-at-reddit
- markbnj 11y agoYou're right, that is weird. However, since he had operational responsibility for "community" it sounds like it was his call.
- tptacek 11y agoHe's the chairman of the board. A lot of things are his call. I'm just saying, that call made the CEO's job especially difficult. Keep that in mind if you're ever tempted to say "the buck stops with the Reddit CEO."