Reply to post: Re: And so...

Quantum seems to go through CEOs like a hot knife through butter

BillG
WTF?

Re: And so...

This reminds me of a situation I'd seen a few years ago:

1. Company Board of Directors hires new CEO

2. Board insists new CEO sign off on moving the Company's proprietary manufacturing process from U.S. to China

3. New CEO points out the Chinese firm they want is notorious for using bribes to steal trade secrets, and deal is structured so that CEO is 100% legally liable

4. Board demands CEO sign off, CEO refuses.

5. CEO resigns/fired

6. Goto 1

This company went through new CEOs every two or three months.

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