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Posts: 11,700 | Thanked: 10,045 times | Joined on Jun 2006 @ North Texas, USA
#38
Originally Posted by nilchak View Post
Do you think a corporaton and its directions and strategies are so neboulous that one excutive willc hange it all in a flash ? .
Is that a rhetorical question or do you really want an answer?

For me it's yes. I worked at a US-based international corporation that hired a CEO who singlehandedly half destroyed operations. Don't forget CEOs bring in other people, and this guy did. His infiltrators did an extreme amount of damage in a short time and, like locusts, fled afterward.

He was also president and chairman of the board of directors (part of his contract) so he wielded great power.

When he was fired for poor performance by a board that rediscovered its gonads, he collected over 50 million USD severance and moved on to his next victim.

The American way.
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