Jim Cramer came out tonight on CNBC’s MAD MONEY to replace Ed Zander on his WALL OF SHAME with his 6 CEO’s that are in the Rogue’s Gallery. As you know by now, Ed Zander is out at Motorola (NYSE:MOT). His replacement to the WALL OF SHAME is interim-CEO Paul Saleh of Sprint Nextel (NYSE:S). Cramer said he’s not doing anything better than when Forsee was still in charge, and he even didn’t even meet with the former Nextel CEO and the South Koreans after they offered to invest $5 Billion in the company.
We did our own list last December of TEN CEO’s THAT NEED TO LEAVE CORPORATE AMERICA, and six of the eight we said had to leave are gone, our "probation" CEO Paul Jacobs is still managing to hang on, and our "fixer recommendation to Jeff Bezos" actually came true this year although the company never made any announcements there.
We’ll be previewing some similar CEO’s momentarily to our open email distribution list. Stay tuned.
Jon C. Ogg
November 30, 2007