This is what CEO failure looks like.

 

And this CEO handled it in the absolute worst possible way. On top of refusing opportunities to keep base operations in place, refusing to listen to inside ideas on how to approach ongoing problems, and acting, well, like a responsible CEO, the dude tucked his tail between his legs and RAN. Literally.

 

He decided that the best way to close the company was to not tell anyone. He didn't tell us; we all learned about it from one another as we came in that day. He didn't tell building management and stiffed them on back rent. He didn't tell the customer base (which, in turn, leaves the customers' customers in the lurch as well). He didn't tell the board of directors or anyone that had taken a financial risk in investing. He didn't tell any of the partner record labels who were, come to find out, owed royalty payments for some time.

 

For a chief executive officer, he sure is a coward.