To think the CEO caught at Coldplay resigning is a bit of a performance

I used to work for the NHS.
The shenanigans between staff were commonplace.

I’m surprised at the amount of people who think it shouldn’t affect his job? It would affect mine, I’m trying to think of a job I’ve worked that it wouldn’t affect and I can’t to be honest.

He's still on the board, just had to resign from the CEO position. She still has her job. He's minted, so is she (and her parents are minted too). They'll survive I'm sure.

Their actions have caused any employment issues they potentially may face. Just as I can be reported to my professional body and struck off, if my behaviour or actions are deemed unprofessional or bring disrepute to the profession.

I've also worked at companies where senior executives have been dismissed for not declaring relationships with someone in their chain of command (which were not adulterous). Companies take it very seriously, and rightly so.

I think it was their reaction to being caught out that made it worse.
If they’d just styled it out they would have been fine.

🤣🤣🤣🤣

It’s all blown up because they were caught out.

I don’t care that they had an affair, it’s commonplace unfortunately.
I feel sorry for his family though.
But watching a rich person lose his job because he is thinking with his dick even though he’s supposed to be intelligent, that makes me laugh, it’s such a cliché.

The CEO is ultimately responsible but they have both acted unprofessionally. How can the HR Director be impartial in protecting the staff if she is with the CEO - there’s a conflict of interest. They may have a clause in contracts for no relationships. Plus it’s put negative attention on the company, shown him as untrustworthy. Risk to stocks - which is his job as a CEO to guide a steady ship not capsize it 🤣

Also - I wouldn’t be surprised if he brought her in despite them having an affair.

On top of the ethical violations and conflict of interest, they were so blatant about fucking each other that they were snuggling on a work outing. With the second in command of HR literally standing beside them.

I wonder if Ms Cabot had a sexual harassment policy drafted? Which she was ultimately responsible for the detail and enforcement of. What a joke.

Wow. Objectification, misogyny and ageism, all in the one short post. How efficient are you?

I’ve seen senior people at my old workplace have affairs - this was in the 00s though so maybe that’s different I don’t know?

I agree. Are they shit heads? Probably. Do they deserve to lose careers? No. This is how people kill themselves.

Same thing happened at BP when a CEO resigned a couple years ago due to his internal relationships & not being straight with the board. This one just happened to be outed at a Coldplay concert & got all the publicity.

https://www.bbc.co.uk/news/business-66790609.amp

@CEOhno

Have you ever worked in corporate?

It’s not “proclaiming morality and disrepute”.

It’s called ethics. Professionalism.

You keep saying “there are worse people
out there”. It’s not a race to the bottom.

Both of them were paid a lot of money in their roles. Do you think the other staff beneath them and the shareholders and the regulators can just ignore this?

What about investors?

Your view point is very narrow. No one cares who shags who but anyone can see that CEO and Head of HR having an affair cannot run from the company’s perspective.

Yes but the morality clauses cover all of what has been raised here...

A CEO with power having an affairs with a direct report, when did the affairs start - pre or post hiring? Pre - that bring the hiring process under fire, the you have the basis they have brought the company name into disrepute - shares impacted blah blah

And that not even mentioning the devastation of the families.

Same. My ex was was exec level and had an affair with a more junior woman ten years his junior. He had been doing it all on company money during work trips abroad and expensed dinners etc so that I wouldn't see the paper trail. When I found out he didn't apologise, all he cared about was that I didn't tell anyone he worked with. I didn't, but it turned out that she didn't know he was still married. A month later she left the company and he was quietly moved onto a one year contract which wasn't renewed.

Fwiw he's now using this as a reason to pay me less child maintenance, because apparently he has no job security. 🤷🏼‍♀️

I'd imagine he's not the best CEO they've ever had or think they can get, and so have decided that the potential reputational damage of being headed by a man who is seen as untrustworthy and a bit of a laughing stock isn't outweighed by his mediocre ability. If he'd been highly valued he'd still be in post and the women, wife and OW, would have been the scapegoats.

It isn't holier than thou.

This is a billion dollar company. They are two of the most important people in the company responsible for its performance.

An affair wouldn't be the only thing that the mortality clause could kick in over but this is a big one.

They have worked n corporate environments for years. They knew the risks. They took it anyway that, shows they lack the ability to make good decisions with have poor impulse control.

The company was and is open to absolute carnage now in terms of litigation from decisions they made in their tenure.

Yup! Satisfying really

This! And those policies are usually driven by.... The Chief People Officer or equivalent.

And when you are in those positions of management you need to lead by example, particularly I'd imagine, in public events.

They should be focused on their work roles in the company, they are all in positions of trust.

Yes this, they are best to just slink away also people at work knew so they put people in an awkward position.

Or the Traitors US version.

The Internet hasn't destroyed anyone's life though - they did. Fuck around and find out, just on a huge scale.

It's actually sort of nice that it isn't the same outcome as the 99.9% of the time this happens (man retains position, more junior woman forced out). I mean, she'll be forced out too, just quieter and slower, and probably pay more of a price long term. But at least for once the male head was on the chopping block too. Couldn't have happened to a nicer arsehole.