WASHINGTON, November 15, 2016 — Many times over the last several years, CDN has decried not only the futility but the stupidity of corporate CEOs who attempt to curry favor with the radical left by virtue-signaling their contempt or outright hatred for any individual or corporation not strictly adhering to politically correct speech or beliefs.
Such intemperate grandstanding often costs these companies a substantial amount of business, given that politically correct outbursts insult roughly half of a company’s potential customers, at least in the U.S. It can also slam the company’s publicly traded stock, incurring the wrath of unsuspecting investors, many of whom may also fail to share the CEO’s views.
In the wake of Donald Trump’s upset victory in last week’s Presidential sweepstakes, Matt Harrigan, CEO of San Diego-based cybersecurity firm PacketSled threatened on a now-deleted Facebook page that he was “going to kill the president. Elect.”
The negative fallout was swift, as news of Harrigan’s death threat spread across the internet. PacketSled’s board immediately put the CEO on leave, and Harrigan half-heartedly apologized for soiling the corporate nest, tweeting lamely that his incendiary remarks were simply a “flawed joke.”
My humble apologies that a flawed joke has become public/out of context. My poor judgement does not represent the views of @packetsled …
— Matt Harrigan (@mattharrigan) November 13, 2016
Tuesday, Harrigan took the next step by resigning his position with the company, likely under pressure. But the damage to the company name is already done.
Going forward, PacketSled’s sales figures will be constrained to some degree for an indefinite period, much like those of other companies playing the PC game as corporate spokesmen in recent years. Such companies and CEOs range from internet security company Carbonite’s CEO (who announced a boycott of Rush Limbaugh) to Cracker Barrel Old Country Store’s management (for withdrawing popular “Duck Dynasty” products in its store to protest the anti-gay marriage position of “Duck Dynasty’s” paterfamilias) and many more. Each CEO making such intemperate remarks has damaged corporate sales, tarnished the company’s reputation and caused the company’s stock shares to tank.
One saving grace in this case at least is that PacketSled is not publicly traded at present. No doubt, however, the company’s moneyed backers eventually hope to bring PacketSled public. Harrigan’s ill-advised, liberal plumage display will likely set any IPO plans back indefinitely.
The Washington Times’ Jessica Chasmar has more details on this latest corporate PC scandal.
When will they ever learn?
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