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My Pink Slip Picks: 3 CEOs That Need to Be Fired

It’s been a month since Boeing (NYSE: BA ) CEO Dave Calhoun announced that he would step down at the end of 2024. While his departure wasn’t termed a “firing,” there is no question Calhoun’s name would have been on a list, if there were one, of CEOs that need to be fired. The embattled company was forced to shake up management to appease shareholders. As the aircraft manufacturer struggled with quality control issues, 33% of its market capitalization has disappeared year-to-date and 55% over the past five years. In cases such as Boeing, it’s blatantly apparent that something had to give. It’s not as clear in other instances, and some situations require a coin toss. In the end, CEOs are paid to perform. If they don’t, whether they have an opportunity to fix things or not, they have to go. Waiting prolongs the misery. Who else should be on a list of CEOs that need to be fired? Here are my three choices. David Zaslav, Warner Bros. Discovery (WBD) Source: Jimmy Tudeschi / Shutterstock.com David Zaslav is the CEO of Warner Bros....

InvestorPlace - 4/23/2024 1:46:11 PM More News for BAX
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