Please Don’t Call CEO Departures for Cause “Push-Outs”

The use of the term “push-out” reveals the bias of this study, from a program largely funded by CEOs. When CEOs are promptly fired for cause, including poor performance, without multi-million-dollar departure packages. we’ll begin to talk about efficient markets. Research using the Push-out Score analysis model shows that at the start of the year,…

CEO Turnover: Why CEOs Are Bailing Out In Droves | Investor’s Business Daily

We can’t help thinking of rats deserting a sinking ship. Are CEOs shorting American business? More than 1,400 CEOs left their posts this year through November, says Challenger, Gray & Christmas. That’s up 12% from this point last year. And it’s the highest January to November total since Challenger started keeping track of the numbers…

WeWork Employee Options Underwater as Ex-CEO Reaps – WSJ

VEA Vice Chair Nell Minow is quoted in the Wall Street Journal about the mind-boggling $1.7 billion departure package for Adam Neumann at We Work, which includes $187 million in consulting fees and a $500 million line of credit. “There used to be crazy departure packages in the past, and shareholders really objected,” said Nell…

Corporate Leaders Speak Out Against the Muslim Ban

Corporate leaders have spoken out on gun safety and emissions standards, and now call on the government to put an end to the restrictions on Muslim immigration. The most striking sentence in the letter: “Nearly half of the top 100 companies on the Fortune 500 list were started by an immigrant or their children.” Global…

Today in Disgraced CEOs — Overstock and Jimmy Johns

Patrick Byrne abruptly resigned from Overstock.com, the company he founded, with a rambling, incoherent appearance on FOX News where he claimed that he was asked to spy by “some very honorable people,” including having an affair with now-jailed Russian spy Maria Butina. “I took some orders that seemed very fishy…[but]I’m not working with anybody….I want…