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"The company will apparently say he is leaving for 'personal reasons.'" I wish companies would stop perpetuating this charade. It's rote corporate-speak and an insult to anybody that cares about the story in the first place. How about: "He screwed up. We screwed up. The best course of action for everyone involved is to wipe the slate clean and start over."?
"The company will apparently say he is leaving for 'personal reasons.'" I wish companies would stop perpetuating this charade. It's rote corporate-speak and an insult to anybody that cares about the story in the first place. How about: "He screwed up. We screwed up. The best course of action for everyone involved is to wipe the slate clean and start over."?
"The company will apparently say he is leaving for 'personal reasons.'" I wish companies would stop perpetuating this charade. It's rote corporate-speak and an insult to anybody that cares about the story in the first place. How about: "He screwed up. We screwed up. The best course of action for everyone involved is to wipe the slate clean and start over."?
I suspect there are legal reasons for doing this, rather than PR ones. What amount of "severance" he gets may rely a lot upon the reason for his departure.
Obviously resigning due to ethical reasons would not be a good reason.
Cool!
Earlier quoted context omitted.
Correct I suspect. Something to do with admitting guilt (open up to lawsuits?) vs not admitting anything. It is odd in the article how they discuss "He'll mention an illness he recently discovered" - Perhaps chronic heartburn.
Maybe his part of the brain that controls fibbing is damaged.
Unfortunately, it still seems that abject incompetence is no barrier to being Yahoo ceo. See fucking up RMX: AppNexus, the best competitor to the Google RTB, is what RMX should have been. Oh, and the ceo of appnexus was the cto of RMX. This is probably the next business that will be material to Google's revenue, it was Yahoo's to lose, and lose it they did. Imagine a Yahoo not run by morons where they owned a rapidly growing business that was expected to be the core of the next generation of the display ad business and ponder what that would have done for the company's fortunes.
Earlier quoted context omitted.
I suspect there are legal reasons for doing this, rather than PR ones. What amount of "severance" he gets may rely a lot upon the reason for his departure.
From Forbes: "Thompson, who joins Yahoo! from eBay‘s PayPal — a curveball for a potential spinoff of that unit — also gets a $1.5 million cash bonus and a restricted stock award valued at $6.5 million in return for giving up cash and equity awards he was due from his old job. Both are subject to clawback provisions if he “terminates his employment without good reason” during his first year at Yahoo!." Obviously resig…