Three CEOs Who Should Go

03/28/2008 02:45 am ET | Updated May 25, 2011

CEOs don't have the easiest jobs in the world. Being responsible for leading an organization with needy employees, unreasonable suppliers, and impatient shareholders who all demand perfection can certainly be a daunting task. It ain't for the faint of heart.

While back in the good 'ol dot-com boom days, CEOs got more attention than rock stars just for showing up to work wearing a clean, pressed suit, times have indeed changed. The images of Enron and WorldCom executives being carted away in handcuffs undoubtedly changed how investors view the corporate chief.

With eye-popping pay packages being the norm now, for CEOs it's either produce the numbers or make room for the next candidate. Good example: Shareholders didn't show any mercy for Merrill Lynch (NYSE: MER) CEO Stan O'Neal or Citigroup (NYSE: C) boss Chuck Prince in the wake of the recent credit debacle that rocked the financial institutions to the core. It's a fiercely competitive world, and if one CEO can't perform, well, don't let the door hit you on the way out.

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