- The CEO President -
I'm just wondering:
If a CEO of a large multinational corporation devoted the work force of at least one half of an important division to a botched project that continues to drain significant corporate resources with no end in sight;
if that division also suffered from bad publicity due to illegal activities within the division;
if the CEO refused to dismiss the vice president overseeing that division and indeed continually suggested to the press that he was doing a good job;
if the corporation as a whole continually missed Wall Street estimates of its projected earnings;
if the corporation was found again and again to be overpaying its subcontractors, the CEOs of whom were close personal friends of the CEO;
if a top aide to that CEO had come under scrutiny of law officials due to shady dealings and the CEO failed to address the issue in any way;
if another division then failed spectacularly in an important project assigned to it;
if the CEO refused to dismiss immediately the vice president overseeing that division and indeed made statements to the media that this person was doing a great job, indeed that the division as a whole was doing a great job:
what would happen to that CEO?
I'm just wondering.
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