2007-03-18 05:03:01 · 2 answers · asked by lcmwest58 2 in Business & Finance ➔ Careers & Employment
This is incredibly difficult unless you hold enough shares in the company to be on the board of directors. Basically, if you can convince enough of the company's board of directors that a CEO should step down, they will see to his replacement.
2007-03-18 05:07:28 · answer #1 · answered by BDOLE 6 · 1⤊ 0⤋
If you work in a public company, the Board of Directors has that responsibility. They can vote out a CEO and/or assign him or her to a diminished role.
If this is the CEO of a private company and they have a significant ownership position, you're pretty much out of luck. Your best bet is that the CEO's family members are major stakeholders in the firm and believe as you do that s/he should step down - perhaps they can be persuasive.
2007-03-18 12:19:00 · answer #2 · answered by Mel 6 · 0⤊ 0⤋