My point is that anyone competent would refuse to take the job. BY doing the opposite (taking the job) , the prospect hire is demonstrating that he/she (a) lacked the expertise to detect the dumpster fire, or (b) lacked the expertise to understand it was not salvageable (c) lacked the work-rate to do their due diligence (particularly for RISK management).
Pay me 20x market rate, and I’ll try to fix your cobol dumpster fire of safety critical murder spaghetti. I will need to add some liability clauses to your standard employment contract.
That doesn’t mean I’m incompetent; just that people you should hire on those terms are hard to find.
Anyway, I don’t have idea what happened here. The long time to fill the position also could have been because they were looking for a CRO that was better suited for a mushroom farm (kept in the dark + fed bullshit).
The resume of the new CRO suggests it was the former, not the latter.
Isn't the CRO and other CxO positions considered officers of the corporation by law? I'm under the impression that there isn't any kind of liability clause that would get a corporate officer out of hot water with regulatory bodies should they decide to pursue charges.
If that's not correct, I'd love to be enlightened.
Presumably, they could make sure they got a personal copy of the books as they existed on the start day, so that any negligence charges would be directed at the prior CRO.
Not a lawyer, but various CxO’s specialize in jumping in and trying to repair failing companies. I’m sure they’ve figured out how to shield themselves from personal liability if their new employer ends up laying of 100,000 people and crashing the global economy.
Pay me enough and as long as I won’t be held criminally liable, I will take charge of fixing a hybrid ColdFusion/Java Server Pagers website running IIS on Windows NT with an Oracle back end.
I’ll probably fail spectacularly. But I will still have money in the bank.
Also, the entire domain is managed by Apple Open Directory on an Xserve. And all of the business logic is not in the Java code, it's in C code called from the database.
My point is that anyone competent would refuse to take the job. BY doing the opposite (taking the job) , the prospect hire is demonstrating that he/she (a) lacked the expertise to detect the dumpster fire, or (b) lacked the expertise to understand it was not salvageable (c) lacked the work-rate to do their due diligence (particularly for RISK management).