Speculate with me

[monsterz]

CEO of a former company just resigned due to personal conduct reasons.  Friends and I are speculating as to reasons why.  This person took over earlier this year when the previous CEO retired.   I'm shocked and thinking of all kind of juicy reasons why this happened.  

[hbomdiggity]

That's weird that they would even mention "conduct". Clearly it's something gossip worthy and mentioning that only confirms.

[londoncalling]

Well the former ceo of a local company here resigned before being fired for being arrested for beating up his mistress' husband...

[niq]

*the company in financial trouble and this is a way out without admitting he wasn't going to be able to do what he wanted to do as CEO?
*hostile work environment/generally poor views of women's capabilities in that particular industry
*didn't want to give up smoking weed
*affair discovered by spouse, messy divorce on the horizon

The first to are "real" speculation, the second two are more jokes/TIC.

[kaycee]

DUI or drug use.

[mlt]

I would assume addiction issues.

[indylady]

Hookers and blow

[monsterz]

My immediate thoughts went to sex. Affair/harrassment/love child. There have been a lot of affairs & marriages among the staff including executives.

[monsterz]

Dec 14, 2015 18:53:19 GMT -5 niq said:

*the company in financial trouble and this is a way out without admitting he wasn't going to be able to do what he wanted to do as CEO?
*hostile work environment/generally poor views of women's capabilities in that particular industry
*didn't want to give up smoking weed
*affair discovered by spouse, messy divorce on the horizon

The first to are "real" speculation, the second two are more jokes/TIC.

Given the tech industry this could probably be said of many CEOs.  

[monsterz]

Dec 14, 2015 18:50:05 GMT -5 hbomdiggity said:

That's weird that they would even mention "conduct". Clearly it's something gossip worthy and mentioning that only confirms.

They wanted to be sure investors don't freak out that the company is in trouble.  CEO was only there a few months after long time CEO resigned. 

[niq]

Dec 14, 2015 18:59:31 GMT -5 monsterz said:

Dec 14, 2015 18:53:19 GMT -5 niq said:

*the company in financial trouble and this is a way out without admitting he wasn't going to be able to do what he wanted to do as CEO?
*hostile work environment/generally poor views of women's capabilities in that particular industry
*didn't want to give up smoking weed
*affair discovered by spouse, messy divorce on the horizon

The first to are "real" speculation, the second two are more jokes/TIC.

Given the tech industry this could probably be said of many CEOs.  

Oh sure. But I think that given the (legitimate!) higher scrutiny lately, if somebody came forward with something really damning, I could see him or the board saying "It's 2015. we're just not going to deal with this. go away".

[bowies]

Arrested for something
Embezzlement
Sexual harassment (or lack of action on investigating)
Insider trading

[Deleted]

niq is this the company I worked for? I haven't paid attention to the news.

I know of several execs at that company who've had to resign due to affairs with their business managers and others.

[niq]

Dec 14, 2015 19:05:08 GMT -5 @roseyposey said:

niq is this the company I worked for? I haven't paid attention to the news.

I don't think so, it's where <redacted> works (worked?) and some of my former CWs did too.

Sorry for tagging you on a baby board, but this is nerd gossip.

[niq]

It might also be a cover for other personal issues. Like he has a twentysomething kid who is doing drugs or shoplifting and he just doesn't want to be CEO

But if I had to bet I'd put my money on being a raging tech misogynist.

[rugbywife]

banging the intern, who is barely 18, and the daughter of a shareholder.

BOOM.

[motzie]

DUI or solicitation arrest

[imojoebunny]

From my experience, it was almost always related to sexual harassment. DUI would not be a blip on the radar for an exec, and substance abuse is ADA. Sexual harassment puts the company at risk. So it is a done deal. Can't have that.

[monsterz]

Dec 14, 2015 19:05:08 GMT -5 @roseyposey said:

niq is this the company I worked for? I haven't paid attention to the news.

I know of several execs at that company who've had to resign due to affairs with their business managers and others.

PM me and I will send you the name of the company.  I don't think we used to work together.

[kate1482]

Wow he was there less then 5 months. Thats crazy.