[shostack]

This is a fair point that the board is really the one who set her objectives, and it seems she met them.

Many people don't realize that you can increase share price by "killing" a company if you can either let shareholders come out ahead as a result, or even just minimize their downside from what could have been a much larger loss.

For every CEO out there who makes hugely unpopular decisions that don't appear to be doing what the masses consider to be "the right thing" to get the company back on track...ask yourself if the board might have given direction that led down this path. Ultimately they are the ones the CEO reports to.