As the week draws to an end, we thought it would be nice to take a light hearted look at some great gaffes from Corporate Bosses from over the years. It’s fair to say that they probably regret these comments ever coming to light!
1. ‘There’s no one who wants this over more than I do. I would like my life back’
Tony Hayward, CEO of BP in 2010, during the oil leak backlash. Unsurprisingly he left the company at the end of his contract in the same year.
2. ‘Ratners has got very little to do with quality……I say so because it’s total crap’
CEO of Ratners Jewellery, Gerald Ratner, doesn’t hold his business in high regard!
3. ‘Very few of our customers have to wear suits to work. They’ll be for his first interview or first court case’
David Shepherd, as brand director of Topman on 2001.
4. ‘I am just a banker “doing God’s work”’
Lloyd Blankfein, CEO of Goldman Sachs in 2009; he is still there.
5. ‘Our liquidity is…..better than fine. It’s strong’
The late Kenneth Lay, as CEO of Enron in 2001; he resigned in 2002 after Enron become the biggest corporate bankruptcy of its time.
6. ‘Do you know why we are changing the name of Virgin trains? Because they’re f****d’
Virgin’s Sir Richard Branson, gives a very honest answer to a question about name changes.
7. ‘Why in the world would you think your (cell) phone would work in your house? The customer has come to expect so much. They want it to work in the elevator; they want it to work in the basement’
Verizon cell phones boss, Ivan Seidenberg, doesn’t understand why customers want an indoor mobile.
8. ‘Pizzas are healthy for you if you don’t eat too much of it. You can’t eat five or six slices. But if you eat one or two slices it’s very nutritious. A slice or two is good for you’
Papa John’s Pizza founder John Schnatter urged customers not to eat entire pizzas because it’s unhealthy in 2009 – despite his firm only selling whole pizzas!
In January 2001 Adam Crozier, the then chief executive of the Football Association, summed up England’s performance at Euro 2000 with pride.
10. ‘We think Mrs. McLeod should pay 60 Euros for being so stupid’
Michael O’Leary, the CEO of European airline Ryanair, responds to criticism of having customers pay for forgetting boarding cards.
Which is your favourite from the list above? Can you remember any other corporate gaffes we may have missed? If so, leave us a comment below.
Quotes sourced from ‘The Clydesdale Bank and Yorkshire Bank Journal – Issue 06 and http://www.mirror.co.uk/news/uk-news/gerald-ratner-and-the-top-10-business-1305316
Image sourced from Newtown Graffiti