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Hugon

04/16/21 11:20 AM

#355912 RE: Jhawker #355720

No, but the VP in charge who vetted this may be fired or quietly exit the company. IF you go out on a limb as VP Search and Eval and say, "we gotta have this compound" you're putting your nuts on the line. It is the VPs who bring it to the CEO.

a CEO should be fired if they take a company to bankruptcy or if they completely destroy shareholder value, but something called "Ego" often gets in the way, as does something called " Paychecks", especially when shareholders have no way of removing the CEO and when the board is drinking buddies with the CEO.