Jim Cramer: Why are CEOs Under Fire?
Jim Cramer speaks at The Deal's Corporate Governance Conference about why so many otherwise successful CEOs are losing their jobs recently.
Activists are targeting CEOs in ways Wall Street has never seen before.
TheStreet's (TST) - Get Report Jim Cramer Spoke at The Deal's Corporate Governance Conference about some big-name CEOs who recently lost their jobs.
Cramer pointed out Sally Smith who was just ousted at Buffalo Wild Wings (BWLD) despite generating "a 1,700% return since 2003."
He went on to point out Klaus Kleinfeld who was fired after a "fabulous breakup" of Alcoa (AA) - Get Report , but faced activists playing hardball after "a moment of poor judgment."
Finally, Cramer recognized former Ford (F) - Get Report CEO Mark Fields following a faceoff with a President who did not want to make cars south of the border, as other manufacturers are doing.
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