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“ Brack was only president for 2 years and a lot of these incidents happened prior BUT if you're in charge you're responsible. ”

Surely moral responsibility cannot be assigned like that? Legal, technical perhaps, but people by and large won’t assign all responsibility to the last person in a line of hot potato. Especially since the person in question didn’t actually have 100% freedom to change the organization as he wanted. There was, and still is, a board of directors above him who has to sign off on any big changes. Responsibility should go with whoever or whatever has the substantive decision making authority, and if that’s shared then …



Moral responsibility isn't, but a company's policies, policing, and enforcement are. These were well documented things, involving numerous employees; why were they not noticed and acted upon? -That's- a corporate failing.


With big CEO compensation should come big responsibilities.


Feels more like well-paid scapegoat. I understand some of the dynamics are difficult, but I'm still not sure I like it.


The CEO runs the company. If the company does stupid things on their watch, it is their negligence that let it happen. Given that they get paid so much, taking responsibility for things that happen under them is an earned hazard.


saying "Given that they get paid so much, taking responsibility for things " sounds exactly like a paid scapegoat. Also what constitutes a "watch"? CEOs aren't omniscient, they aren't observing everything their execs do.


Being responsible for the company under them is far more than just being a scapegoat, but yes, it includes taking ample blame when things go terribly wrong. No one needs to be omniscient, and maybe Bobby earned his salary through concentrating on other things, but he certainly didn't earn it by shaping company culture. The chief executive is supposed to see risks and mitigate them, or hire people that can, and if they don't, it's their screw-up regardless of who elses it is. I'm feeling repetitive here, but the difficulty and importance of the job is why they get paid many multiples of other employees, ostensibly.


It’s also why they often come with a golden parachute.


New ceos will get their choice of execs. While it's not 100% freedom, it's high.




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