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by xtracto 2375 days ago
Specially since the actual people that was ultimately responsible for the things that happened is the Board of Directors.

Everybody here in Hacker News who has had some relation with a company board knows that the real decisions are done at the board level. The board is the one that ultimately decides the strategy to follow, whether to be pure profit seeking, quality seeking, etc.

The CEO can bring his humanity-responsible strategy to the quarterly meetings, but if the board does not agree, he is SOL. If this happens a lot with "cofounder CEOs" who have big chunks of company ownership, of course it also happens with a hired CEO, who has extremely little leverage with the board.