A mad hatter is a chief executive officer whose ability to lead a company is highly suspect. Mad Hatter CEOs are often characterized by misconduct or impulsive and puzzling decisions that employees, board members, and shareholders may question. They often act spontaneously with little regard for viable alternatives or consequences.The term Mad Hatter refers to a leader or CEO of a company who is ill-equipped for the role. They might have assumed power because they were founders of the company, through nepotism, or due to a poorly planned succession protocol.Once in power, Mad Hatter CEOs tend to exhibit poor decision-making skills by acting out of self-interest, haste, ego, or gut feelings. As a result of incompetent, incapable, or misguided leadership at the top, the morale of managers and employees suffers.Typically, Mad Hatter CEOs are either removed or stay in power until their companies are run into the ground.Become a supporter of this podcast: https://www.spreaker.com/podcast/investment-terms--4432332/support.

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