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Why would he resign on this note? He could have powered through it for a couple more years, and asserted leadership.
Because the CEO serves at the pleasure of the Board. The board decided it was time for him to go.

Then it was a negotiation about how.

Sometimes people can see the writing on the wall and choose to not burn down their life’s work on the way out.

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Not sure people have grasped how serious this all is; the second affair alone would fell most CEOs because it was with an employee.

But my guess is, he'd rather resign on this note than what will come out in a few weeks.

> the second affair alone would fell most CEOs because it was with an employee

I mean realistically, no it would not. They do not resign for that in general. It is tall order for them to resign or leave when there is credible or proven accusation of actual abuse or harassment, there is not even that in play.

No, they really do, even at big firms.

McDonald's, Intel, CNN, NBC, CBS, Astronomer, Best Buy, Nestlé, Kohl's, Comtech, BP, CBOE, Barclay's.

Not hard to find examples from the last ten years.

I checked CNN thing (picked randomly) and:

> At CNN, Mr Zucker faced criticism from those who believed the network gave too much coverage to the former president, especially during the Republican presidential primary. Mr Trump has also criticised what he saw as unfair coverage.

I will happily argue that affair was just an excuse for other reasons. His coverage was not pro-Trump enough.

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I know we're all very sensitive these days. But he was running a multi trillion dollar company.
And the board of that company decided that the risks he presented to the company outweighed the benefits.
I'm quite interested to know what you mean here, between the lines. OK, he was running a multi-trillion dollar company, are you saying currently it's a over-reaction because of that, and the reaction would have been justified if it was smaller/bigger company? I'm really not sure what the underlying point you're trying to make here.
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He's facing one of the largest divorces in history, you don't think that would be a little distracting?

And if you don't know why leaders can't have relationships with their employees, that ignorance is on you. You're trying to insult other people but it just makes you look bad.

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A multi-trillion dollar company... so the standards are lower?
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Presumably he was not given a choice by the board.
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There is evidence of a second affair that is also problematic coming out, the BBC had some reports.
Resignation means that he can start liquidating his shares without input from shareholders or directors.. Divorce will also be likely. Affairs with the staff would matter if he had promoted people; who knows what else is in that stack. He had planted his own kids with no experience in tech as executives there too . He is a zillionaire though and he has enough cash for many generations.

Don't worry about him.

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He didn’t resign he “resigned”
Because it would be damaging to the company which he founded and has a massive stake in, both financial and personal.
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