myurr wrote: ↑05 Mar 2024, 18:07
mendis wrote: ↑05 Mar 2024, 17:57
It's a speculation if something is said without any official source for it. BusinessF1 isn't Red Bull GmbH, it's just media.
If something isn't denied, it's true? Did anyone even ask Oliver Mintzalaf if Thai owners engineered the dismissal of the case? He is the CEO.
From a quick Google he is the CEO of Corporate Projects and New Investments, and not a member of the board. He wouldn't have even seen the report, and officially would just have been handed the decision by the board. It's of course possible they gave more detail but not a given.
As far I understand, CEO report to the board and everything that happens in an organization, comes under the purview of a CEO. Board doesn't govern the operational matters of an organization, that's why you have Chief Operations Officer, Chief Financial Officer, Chief of HR and all these individuals report to CEO. The CEOs of the subsidiaries roll into the CEO of the parent organization, which in this case is Oliver.
If there is a sexual harassment related complaint, it's handled by the HR and they constitute a committee in line with the local labor laws and the labor laws of the countries where the subsidiary is situated if the matter is involving the subsidiary. Board of Directors of the parent organization doesn't do that and neither do they commission a redressal committee. It's matter handled by HR, including the appointment of the independent barrister. The outcome of the investigation is then reviewed by the CEO of the parent, if the case is involving a higher authority of the subsidiary. Depending upon the autonomy bestowed on the CEO, either that CEO can act alone and move ahead with executing the decision or inform the decision to the board first to ensure the chain of command is kept in loop and then execute the decision. Either ways, the buck stops at CEO when it comes to execution.