Imagine if the board of Apple fired Tim Cook with no warning right after he went on stage and announced their new developer platform updates for the year alongside record growth and sales, refused to elaborate as to the reasons or provide any useful communications to investors over several days, and replaced their first interim CEO with another interim CEO from a completely different kind of business in that same weekend.
If you don't think there would be a shareholder revolt against the board, for simply exercising their most fundamental right to fire the CEO, I think you're missing part the picture.
If you don't think there would be a shareholder revolt against the board, for simply exercising their most fundamental right to fire the CEO, I think you're missing part the picture.