Would be interesting if this is ever used by a board to oust a CEO:
“We are reducing the likelihood of future errors by removing you”
“We are reducing the likelihood of future errors by removing you”
It's discriminatory. I doubt this would be legal.
Let's put aside the whole "at-will employment" (which I doubt applies to CEOs) discussion.
You can't fire someone for cheating on their partner. People are allowed to have personal lives, and they are allowed to make personal mistakes.
If you could fire people for cheating on their partner, why stop at cheating when there are so many other personal life choices/factors that could "put the company at risk"?