Theo Francis for NPR’s Planet Money analyzes last week’s big news on the 2012 US Presidential Campaign trail:
What does it mean that these documents listed him as the company’s top executive? From a technical standpoint, a lot — but from a practical standpoint, maybe not as much as it first seems.
There may be political ramifications in terms of trust with voters, but in terms of his actual impact not he Bain decisions, it may not mean much. Part of the benefit of being a privately held company is that CEO can mean a lot of things, and in this case, he easily could have been exceptionally hands off.