Had a President make a big ordeal about leaving "for health reasons". His LinkedIn had him at a new company within a couple months doing the same thing.

Had a CISO leave for "personal" reasons. Talked to him a couple years later and yeah, he was fired.

Steal 20$ out of a cash register and make the local news. Waste a billion dollars at a corp and make insane decisions and ride out on a golden parachute. Its a fucked up world.

See his other comments in HN in the previous wp “incident”, simply said he _is_ nut

Barring truly bad behavior this is how executives get fired.

Executives do not get fired like other employees. They have contracts that usually prevent standard dismissal unless they have done something illegal. When they are 'fired', they are still a protected class. Hence the narrative spin: a new 'ceremonial' role, spending time with family, etc. etc.

Make no mistake, he has been fired. It just looks different than a call with HR or a manager and office security telling you to pack up your $hit and leave.

Those phrases often imply that they were fired or asked to resign - although the deniability can be useful, which is why they’re so often used. As a recent example, Fidji Simo went on leave from her role at OpenAI several months before leaving. Although I don’t know for sure, I would suppose that she was essentially fired when she went on leave, and the subsequent success of Codex after she went on leave confirmed the decision to fire her. It’s possible that, if Codex hadn’t been a success, she might have been brought back, so putting her on leave was useful for optionality.

Spend more time with my family :).

Firing a CEO makes your company look bad. Even if you are firing them, you don't say you're firing them.

Like sama? (Hope I don't get dang'ed for being political, especially against a ycombi founder...)