YES.. His people didn’t tell him for their own reasons.
I had a family member who was a very senior banking executive. I had read about some major shift in Federal banking rules in our local paper. He was in town over a weekend and I asked him about it over brunch. He had no idea.
He went back to work on Monday and reamed out his staff.
“Why do I have to hear this stuff from a family member who read it in the Pittsburgh Post-Gazette?”