DATA is disappointed to hear that an agreement between Nadine Lee and the Board, could not be reached, and that the Board has decided to immediately terminate her tenure as President and CEO.
The phrase that tells you everything: "an agreement could not be reached." That is board language for a CEO who stopped being manageable. Five years navigating fiscal and political constraints, and the reward is immediate termination. Boards do not terminate immediately unless they want the narrative sealed before the outgoing executive can shape it.
The phrase that tells you everything: "an agreement could not be reached." That is board language for a CEO who stopped being manageable. Five years navigating fiscal and political constraints, and the reward is immediate termination. Boards do not terminate immediately unless they want the narrative sealed before the outgoing executive can shape it.