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8 Failed CEOs
By siliconindia
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Tuesday, 13 September 2011, 22:38 IST |
7 Comments
Bangalore: As much as CEO is a position of power and glory, it brings with it the perils of failure and incompetence. The success of a company largely owes itself to the executive skills of the CEO. The CEOs are always under public scrutiny for poor stock performance or weak sales. The CEOs are also expected to bail out and hold companies afloat during stormy market situations. Here is where job becomes touch and can take its toll on ineffective CEOs.
Many CEOs across history have met with major failure in their careers as CEO. The failures may be attributed from executive, marketing and leadership shortcomings to financial irregularities and corruption. Let us take you through some big names who failed miserably and found themselves falling from the CEO post.
