It only takes six months to test a CEO? Jack Griffin was hired in August as Chairman and Chief Executive of Time Inc. Yesterday, it was announced he’s been fired. According to “Time Inc CEO Jack Griffin Ousted” by Jennifer Saba, the problem is he clashed with the company. The statement from Time Warner Inc Chief Jeff Bewkes:
“Although Jack is an extremely accomplished executive, I concluded that his leadership style and approach did not mesh with Time Inc and Time Warner”
Apparently, his employees didn’t like his leadership style. There were “behaviors” that drove his image as a bad leader. The fear was he would encourage executives to leave; instead, the company let him go. I would hope Time Inc made an effort to speak with Griffin about his leadership style or to “make it work”. Either he was a horrible boss not willing to change or had a style not willing to be accepted by executives. This ousting leaves me with the question: Was the board/ company not aware of his leadership style when they placed him as CEO? Time Warner should have known; I would assume the company/ board has a detailed process for picking a CEO, including taking a look at their leadership styles used in their previous positions. Six months does not seem like enough time to work with a CEO.
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