What Was Whole Foods CEO John Mackey Thinking?!
One of the readers of this blog sent me an e-mail asking if I'd comment on the mess Whole Foods CEO John Mackey recently got into. The more I dig into this, the more I keep wondering how in the world this guy is still CEO of Whole Fools, er, Whole Foods.
Did he break any laws? That's not for me to decide, although I wouldn't be shocked if the SEC or the FTC determines he did break the law. Did he do some very stupid things? You bet.
In this Sarbanes-Oxley world in which we now live, don't we hold CxO's to a higher standard? Think about it. Would you want the CEO of your company out there posting anonymously about your company and/or one of your competitors on a message board?!
Although he's been trying to address the situation on his blog, I can't help but think this approach isn't really helping. I mean, after those anonymous posts it's hard to take the guy seriously when he says he's pleased his supporters have discovered "an open, honest, candid communication by a company's CEO." Dude, you were hiding behind a made-up name! How "open" and "honest" were those posts you made as "Rahodeb" on the Yahoo message forum?!
All I can say is I'm glad I don't have to work for this guy.


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