TALENT CANADA: Executive-level firings are more common than you think

The Rogers family and its media company made headlines recently when the family was publicly at odds over Edward Rogers’s attempt to fire the company CEO Joe Natale and other senior executives.

This high-profile position and a dispute over performance and good governance would make its way to the courtroom on Nov. 5, where a judge decided the fate of several board members and the CEO by siding with Edward Rogers.

Surprisingly Edward Rogers said Natale would remain CEO, but the relationship quickly broke down when Natale presented the board with a list of demands and was exited from the company on Nov. 17.

While not quite black and white, high-status firings are also part of the business world, some shocking, some obvious and or necessary to sustain confidence, good governance and in the case of Rogers, control.

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https://www.talentcanada.ca/executive-level-firings-are-more-common-than-you-think/

TALENT CANADA: Executive-level firings are more common than you think