Cleanaway CEO delivered, but there was a cost
Vik Bansal leaves Cleanaway after delivering one of the best turnarounds in the past five years. But while his leadership style got results, it extracted a toll.Â
Jan 21, 2021 â 12.03pm
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In the end, even the knowledge that heâd delivered one of the best turnarounds of the past decade wasnât enough to convince Cleanaway Vik Bansal and the company s board that he should push past the scars left by a brutal 2020 and commit to another five years running the waste management giant.
While the official company announcement says he is stepping down by mutual agreement with the board, Bansal s message to staff on Thursday painted it as his decision.