[Bob]

I worked for a company that brought in an ex-Apple exec as the CEO who would “take us to the next level”. Nobody told us that the next level would be bankruptcy.

[oh8eleven]

Kodak did the same thing. Hired a retired VP from HP - Antonio Perez = "he'll save us!"
Within a few years, Kodak was bankrupt, tens of thousands were downsized and Perez was richer by tens of millions of dollars.