Why would the CEO have the personal liability here and not the board? Does Sunda... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		hrimfaxi 22 days ago \| parent \| context \| favorite \| on: Credit report shows Meta keeping $27B off its book... Why would the CEO have the personal liability here and not the board? Does Sundar Pichai have to personally guarantee loans for Google? That would be weird since the CEO could be fired.

svnt 21 days ago [–]

No, but this person’s LLC is not capitalized quite as well as Google, and the bank is adjusting the loan to account for that fact.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact