BS. That’s exactly what CEOs are paid the big bucks for. To be the executive; the one person in the organization with whom the ultimate responsibility lies. Dodging responsibility like this is why CEOs should not get paid so much. He should at least have faced a decision: take full responsibility, including any criminal charges that may come with the breach, and keep the $90M, or retire gracefully but with the typical pension or 401(k) of the median worker at the company. Not both.
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