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The "New CEO" story is nothing new for most of the big corporations. The guy who left is always responsible for the company's woes so a new genius will fix
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02-24-2020, 01:49 PM
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#23 (permalink) |
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The "New CEO" story is nothing new for most of the big corporations. The guy who left is always responsible for the company's woes so a new genius will fix everything. Having worked in finance for large multinational corporations for many years, I have heard this tired old story many times. Bottom line, there is a 50% probability the new CEO will be better and a 50% probability that he will be worse. The later will not last too long or else the company is done. Nissan is in dire need of credibility at this juncture.
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