Interpreting Chief Executive Departure: Cayne, O’Neal and Prince.
Sunday, November 4th, 2007This week we watched the departure of two chief executives, Charles O. Prince III at Citibank and Stan O’Neal at Merrill Lynch. Jimmy Cayne of Bear Stearns was under threat as well. The singular aspect of this development was the fact that these departures were never foregone conclusions, in spite ...