In my observations, the CEO does whatever it takes to meet profit goals, including gutting core systems, and then jumping ship before the roof caves in. In this way they can show how savvy they are to the new victim, get a larger salary and take no responsibility for the mess they left behind.
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"However vast the darkness, we must provide our own light."
Stanley Kubrick
"Tomorrow belongs to those who can hear it coming."
David Bowie