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Any organization of that size will have inertia and the damage was already done by the time they got there.



I think the parent is saying that the new CRO is bad not because they caused the dumpster fire - the new CRO is bad because after interviewing in January, they saw the dumpster fire and either thought it didn't matter, or that they could fix it. Not a case of "incompetent because they couldn't fix the problem", instead a case of "must be incompetent because they saw the books but took the job anyway".


Do you have to be a bad risk officer to be willing to get paid to save whatever is possible to save even if the ship is sinking? Maybe because of them five percent fewer businesses will go under because of SVB.




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