Flint’s Search for Balance at HSBC Ends With Him at the Exit
- Internal survey showed employees losing confidence in leaders
- CEO Flint ousted by board after just 18 months on the job
This article is for subscribers only.
From the day he started as chief executive officer of HSBC Holdings Plc, John Flint evangelized about work-life balance. In one conversation in those early days, he said he got on the scale every day, determined to finish the job at the same weight as when he started. He talked up an approach that he called the “Healthiest Human System.”
At a global institution with 238,000 employees and $2.7 trillion of assets spread over 66 countries, the formula fell flat.