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No, Bard is just making a prediction based on the way CEO firings are presented in press releases. Those press releases are never the “real” reason, what we’re seeing here is the way a board would frame the firing of its CEO. “Ethical breach” is the term used when “The CEO was killing hookers for fun and WHOO-WEE we did NOT want to get any of that on us,” is not considered appropriate to tell the press.
Bard is on copium with that last one.
No, Bard is just making a prediction based on the way CEO firings are presented in press releases. Those press releases are never the “real” reason, what we’re seeing here is the way a board would frame the firing of its CEO. “Ethical breach” is the term used when “The CEO was killing hookers for fun and WHOO-WEE we did NOT want to get any of that on us,” is not considered appropriate to tell the press.