Shocking CEO downfalls

Published On: Mar 01 2013 10:16:03 AM PST   Updated On: Jun 19 2014 05:45:12 AM PDT

American Apparel's controversial founder and CEO is the latest 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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