Look at this mess at SonyBMG.
LOS ANGELES (Reuters) - Sony Corp. (6758.T: Quote, Profile, Research) and Bertelsmann AG (BERT.UL: Quote, Profile, Research) are close to announcing a change in leadership of their joint Sony BMG Music Entertainment venture to resolve a dispute between the two companies, a source familiar with the situation said on Thursday.
The source said Andrew Lack, chief executive officer of Sony BMG Music Entertainment, and Rolf Schmidt-Holtz, its chairman, are expected to change roles.
...
Lack's contract as CEO is about to expire after nearly two years, and senior Bertelsmann executives have told Reuters the company was displeased with Lack's performance.
Holy crap- BMG is using Reuters to criticize their own CEO? What's the word for this? oh yeah, "pathetic" is what I was looking for.
Do you want to know what a healthy company looks like?
- A healthy company does not use the news media to criticize it's own executives.
- A healthy company does not use a "rootkit" to attack their own customer's computers.
- An honorable company would apologize to it's customers for dishonest tactics.
- A healthy company's CEO would not complain of an "unfair" press beating when it was totally warranted.
- A CEO who really respected his own customers would never say in an interview on NPR "Most people I think don't even know what a rootkit is, so why should they care about it?"
- A healthy company does not spend untold time and money managing the egos of the top executives in plain sight of the investors.
This is the part that is most galling to me. If there was any active/effective leadership above these egomaniacs, this would not be an issue. Sadly, effective leadership at Sony is MIA again.
Thanks to Jay for the tip.
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