Yesterday morning we linked to a little story about Francesca Holdings Corp. CFO Gene Morphis getting fired for "improperly communicat[ing] company information through social media." The Journal picked it up later in the day with details on some of this social media activity that we thought we'd share with you
Board meeting.Good numbers=Happy Board.
— theoldcfo (@theoldcfo) March 7, 2012
Seems harmless, right? Here's Exhibit B:
Earnings released.Conference call completed.How do you like me now Mr. Shortie?
— theoldcfo (@theoldcfo) March 14, 2012
Perhaps this sad attempt at trash talking was the last straw? These tweets along with Facebook status postings going back to December and a blog that were kept by Morphis were enough to send him packing:
"We are disappointed by this situation but we expect our executives to comply with all company policies," said Greg Brenneman, chairman of Francesca's board of directors and the chairman of private-equity firm CCMP Capital, in a statement.
Let this be a lesson to all of you who are happily kvetching about your jobs online.
Facebook and Twitter Postings Cost CFO His Job [WSJ via NYM]

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