CEOs of some of the nation's best-known companies headed for the exit last week.
Adam Neumann, co-founder of shared office space company WeWork, and Kevin Burns, CEO of e-cigarette maker Juul Labs, were both pushed aside under a cloud of controversy.
They are just the most recent executives to tumble from the top in the wake of troubled finances, questionable relationships, criminal allegations and even alleged tangles with the so-called deep state.
Here are some of the more high-profile departures from the past and recent past:
Adam Neumann:
A stalled public offering, mounting financial losses and some questionable personal money moves dulled the reputation of WeWork CEO Adam Neumann. Once heralded as a wunderkind, WeWork announced last week that Neumann would be replaced in his role by two other company executives. Among the actions that raised alarms: Neumann tapped company stock to get a $500 million personal loan, and he had to return $6 million that WeWork's parent company paid him for use of the word “We.’’
Chloe Coscarelli:
The vegan chef was ousted from ByChloe the popular restaurant chain that bears her name, in 2017 in the wake of a dispute with her partners.
Harvey Weinstein:
The producer was fired from the Weinstein Company in Oct. 2017 after multiple allegations of sexual harassment and assault.
Kevin Burns:
The Juul Labs CEO stepped down last week after apologizing for a vaping epidemic among teenagers. The company asked for Burns' resignation as it grapples with a federal government ban on most vaping flavors, as well as the fallout from hundreds of people suffering from vaping-related lung illnesses that have led to at least nine deaths. K.C. Crosthwaite, senior vice president and chief strategy and growth officer for Juul investor Altria, will become Juul's new CEO.
Devin Wenig:
Wenig said last week that he would resign his role helming online marketplace Ebay because he and the board didn't see eye to eye.
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Patrick Bryne:
When the head of Overstock resigned in August, he attributed his departure to “involvement in certain government matters,’’ the "deep state'' and his possible involvement in an FBI inquiry. Byrne gave up his board seat as well
Travis Kalanick:
Kalanick, who launched Uber in 2009, was yet another co-founder who lost control of the company he helped create. Some of Uber's biggest investors asked Kalanick to leave in June 2017 as the ride-hailing company attempted to recover from a series of controversies, including reports of a sexist culture and a federal investigation of its privacy practices.