But ICANN denied the org transaction. What's the problem with the former CEO joining that PE firm?
The head of the US National Parks Service decides to sell off Yellowstone(1) to a property development company. Massive outrage ensues, and the guy quits to become CEO of that same Property Development Company.
While those two things in and of themselves might not be unlawful, it certainly sounds awful fishy. It might be worth investigating if there was some kind of breach of the law.
(1) I know NPS doesn't own Yellowstone. It's an analogy, roll with it.
This is just the loop being closed. Our posterior probability of corruption rises only a very little bit because most people observing and participating kinda expected this.
There are initiatives like https://handshake.org that are trying to do away with ICANN entirely