Stock Under $10 with 50-100% upside potential - 14 Days FREE!

CEOs Who Will Get Fired in 2013

Stock quotes in this article: NFLX, ZNGA, YHOO, BBY, HPQ 

NEW YORK (TheStreet) -- I use "will" in the title of this article out of optimism, out of hope that companies in various sectors will wake up and create some Yahoo! (YHOO)-like excitement.

Look what happened over there. The company showed some pluck, hiring a young, pregnant, first-time CEO.

Since Marissa Mayer came aboard, Yahoo!'s stock is up roughly 25%.

Investors love it when boards make bold moves. After about a half dozen really bad moves, Yahoo's board triggered optimism. For as pessimistic as we can be, investors love reasons to be optimistic. We look for them.

If Mayer doesn't come through, her stock will lose momentum faster than the NHL lockout talks, but that's part of the excitement of going for broke in a risky and fresh, yet competent, way.

That's what we need at the following companies. More than firings. We need thoughtful reorganizations, which may or may not include outright dismissals of the current CEOs.

Netflix (NFLX) and Zynga (ZNGA).

I cluster Netflix and Zynga because the respective CEOs, Reed Hastings and Mark Pincus, have so much in common.

I initiated this line of thinking in "Netflix Happens When a CEO Has Too Much Power."

The smartest move Zynga ever made post-implosion was putting Pincus out there a little bit. For instance, the company recently permitted The Wall Street Journal to print an as-close-as-it-gets-with-these-guys, behind-the-scenes look at the CEO's emotional response to his company's problems.

Zynga needs to take several more steps. Continue to humanize Pincus. Change his image from egomaniacal enigma to the likable guy he probably is.

Netflix hardly seems inclined to take step one in this direction with Hastings. But it's imperative.

Lots of folks have a negative image of Hastings. That's a problem he helped create by running such a tight ship from a public relations standpoint. When he screwed up last year, Netflix did a YouTube video that backfired. You'll never convince me that the response was not an almost, if not completely unilateral decision by Hastings.

Netflix needs to take a similar approach to Hastings as Zynga is taking with Pincus. Zynga's smart. It's humanizing its polarizing CEO in a conscious and genuine effort.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,387.58 52.30 0.34%
NASDAQ 3,502.12 5.69 0.16%
S&P 500 1,669.16 2.87 0.17%
US 10 Yr 1.944% -0.021

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs