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by random_cynic
936 days ago
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No that hasn't at all been the case. The board acted like the most incompetent group of individuals who've even handed any responsibility. If they went through due process, notified their employees and investors, and put out a statement of why they're firing the CEO instead of doing it over a 15 min Google meet and then going completely silent, none of this outrage would have taken place. |
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They did notify everyone. They did it after firing which is within their rights. They may also choose to stay silent if there is legitimate reason for it such as making the reasons known may harm the organization even more. This is speculation obviously.
In any case they didn't omit doing anything they need to and they didn't exercise a power they didn't have. The end result is that the board they choose will be impotent at the moment, for sure.