This is what happens when your company becomes a state related entity.
They should be able to tell Trump to pound sand, but can't given the state of the company. That doesn't mean that the CEO will have to resign, but they can't just ignore it entirely.
No, a CEO should not be able to tell the government to pound sand in this type of situation.
The company he ran for over a decade just plead guilty to illegal chip design sales to China. You may not care, but that the government does is just common sense:
Then the company should fire him for these actions (assuming they weren't aware), and probably at least some portion of the board for botching the hire.
The questions Cotton asks are valid, and the legislative branch of the government, SEC, and federal law enforcement should be interested in the answers to the extent that they don't know already (given that the DOJ already negotiated the settlement).
The President of the US should have no say over who is the CEO of any private company.
Whether it should be that way or not, the United States remains the primary global military, political and economic superpower. As such, US politics also kinda dictate what a "sane state" does; by nature of their stature, they set the bar.
Sounds like Trump's Justice Department settled for a plea deal rather than continue prosecution. That's their prerogative, but justice has been served, and Trump can STFU.
Honest question: do you think this is a case of "the state cares because of legitimate and obvious national security concerns", or a case of Trump being Trump?
I doubt the board would approve him as CEO if they knew he’d been subpoenaed in the Cadence matter.