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I'm going to guess the 2nd affair with a direct report who rose quickly through the ranks is from the board's perspective the more egregious of the two failings.

And: the public only knows what's made it out. Who knows what else has come out in private.

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I think that's a nothing-burger but it's enough to force him out. They probably have more cards in the play. Unfortunately we will never know of them.
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