- Joined
- Jul 13, 2017
I'm amazed stock holders didn't sue this fucking cunt in a derivative action for deliberately destroying the company. I don't think actually deliberately and maliciously tanking the company is within the "business judgment rule" that usually blocks suits over incompetent decisions.
Well, he didn't really destroy the company, and Gillette doesn't independently have a pool of shareholders, as such. They are a subsidiary of Proctor & Gamble. It was Proctor & Gamble that took a hit, to the tune of $2 per share, based on a $8 billion write-off from the Gillette division.
That's certainly not good, but it's debatable whether it's worth suing over. I also think that, despite what cueball said publicly, he was dragged into one of P&G's boardrooms and told to knock that shit off. They haven't done it since. If you look at "Best a Man Can Be," site now, it's got milquetoast stuff like literacy programs for disadvantaged men. They really toned down the rhetoric.
When Carly Fiorina led that half-baked merger between HP and Compaq, there was a shareholder lawsuit that went nowhere. BUT, HP's BoD soon came to realize Carley is a dumb incompetent bitch, and handed her walking papers anyways. Paying her a golden parachute was deemed preferable to letting her do more damage.
Back to the topic at hand:
Druckmann is kinda in a similar boat. He is a VP at a company Sony outright owns. In his case, I think he might be leading Sony towards a big loss that they ain't gonna be happy with. If that's true, he might not be around much longer.
EDIT: Meant billion. Typed million.
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