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Intel's 'CEO Problem' Is Its Board

Tech companies have been going through a lot of CEOs of late. Prior to its split, HP had a revolving door for CEOs with mistake after mistake. Yahoo's board kept making choices that made things worse, Uber's CEO almost took the company under, and CEOs fired for ethical lapses jumped a whopping 36 percent. When an employee misbehaves and has to be fired, it generally is at least partially the fault of management, either for not doing a respectable job of selection or for not doing a good job of oversight, or both.

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