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CEO Apologies of the Year

By on December 29, 2014 in Corporate Compliance/Governance

SorryThe Washington Post has compiled a list of the oddest, worst and most memorable apologies issued by CEOs during 2014, starting with AOL’s Tim Armstrong blamed changes to AOL’s 401(k) plan on the cost, in part, of “distressed babies.”

The Post‘s lineup includes “the mea culpas for onetime gaffes, off-hand remarks and personal blunders that seem to most grab our attention. Below, we look back at some of the year’s memorable moments when the powerful turned into the penitent.”

Snapchat CEO Evan Spiegel apologized for emails he wrote during his college days, saying he was “obviously mortified and embarrassed that my idiotic emails during my fraternity days were made public. I have no excuse. I’m sorry I wrote them at the time and I was jerk to have written them. ”

Read the story.

 

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