Shocking CEO downfalls

POSTED: 10:16 AM PST Mar 01, 2013    UPDATED: 08:10 AM PDT Jul 24, 2014 

Walmart's Bill Simon is the latest big-name CEO to make a shocking departure.

CEO Downfalls - Best Buy
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Richard Schulze (Best Buy) -- Pictured with Microsoft President Steve Ballmer (L), the Best Buy founder (R) stepped down as chairman in May 2012 after an investigation found that he knew the CEO was having a relationship with a female employee and did not alert the audit committee. Later that year, he made a bid to buy the company but that move has since fizzled out.


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