Credit Suisse Boss Antonio Horta-Osorio Quits After Breaking Covid Quarantine Rules
ForbesJUL 2021
Horta-Osorio's violations and his resignation have further sullied Credit Suisse's reputation and the company will need to change its culture through "changing its business practices and demonstrating leadership by example," not by making splashy hires like Horta-Osorio.
He was suited for cleaning up Credit Suisse, so his ouster might signify that powerful forces within the company resist changing its reputation and culture, and leaked his COVID violations to force him out before he could affect real change.