Originally Posted by Say again s l o w l y
Let's have a look at this.
Took over as CEO (whatever sort of meaningless title it is) of a company that was making money.
A few years later that same company has botched up a new fleet acquisition so badly the banks come in.
A year later, the company has spent so much time worrying about the banks, it has forgotten about the CAA, oops......
A great track record I think you'll agree.
The ability to turn a profitable company into the present mess we see today, is not what I'd call competency, and at the end of the day as the boss it's all your fault.
I'm not going into character assassination again here, it's too easy and even if he were the nicest chap on the planet, the current debacle shows what a bad "leader" he really is.
Part of being a boss is ensuring you have the right tools, people and budget to do the job properly. Even if you have to fight for it from a board or an owner. As the "boss" you should be able to negotiate the necessary resources and you should NEVER let your company destroy itself in the way this has.
And, honestly speaking, who do you believe was pulling the purse strings?