CEOs who’ve gotten ousted -- and how to avoid their mistakes
No one likes losing their job, but the sting of rejection and failure is magnified for major company CEOs. The board of directors gathers to discuss how you’re bad at your job before voting on firing you. If you’re lucky you’ll have the option to bow out gracefully before a shareholder revolt.
And after the deed is done, business journalists will gather on CNBC to, once again, talk about how you’re bad at your job. All told, it’s a painful, difficult — and public — process. Of course, there are lessons to be learned from any failure.
Click through to look at some high-profile CEOs who were famously ousted from their jobs and what learnings the rest of us can apply from their experiences.
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