The end of Shai Agassi's one-man show
A host of factors led to the surprising ouster of Better Place CEO Shai Agassi, including huge outlays, missed deadlines, poor personal relations and lack of managerial ability.
The business world has very organized protocols for what happens when a CEO is pushed out. First, the owner calls the CEO in for a talk, and they reach a quiet understanding that the CEO will announce - ostensibly of his own initiative - that he has exhausted the job's potential and is embarking on new ventures. Afterward, the company issues a formal announcement thanking him for his services and...
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