Announced via internal email by the old boss. Wondering if this was a condition for the new bosses arrival? Any smart financial leader worth their salt would look at the billions in lost market share due to a crisis of their own making and realize this needed to be done.
Honestly it surprised me it took this long, they presided over one of the most epic PR failures of modern time. It’ll be studied in communications classes for years to come. No cake at this going away party. Nobody “retires” in their late forties.