Posted by & filed under Control, Decision Making, Ethics & Social Responsibility, Leadership, Management.

Description: The ousting of Sebastien St-Louis as Hexo Corp.’s chief executive officer from the pot producer he founded nearly a decade ago came shortly after an investor sent a letter to the board of directors demanding his resignation due to his poor stewarding of the company’s finances.

Source: – video report

Date: Oct 20, 2021


Questions for discussion:

  • Summarize the criticisms leveled at the CEO and by extension, the overall management of the firm.
  • What might explain the response by the board of directors and the quick exit by St-Louis?
  • Do you think this might be a growing phenomena whereby investor analysis has such a dramatic influence on management?