Twitter Is a 'Dangerous Tool' For CEOs - And Everyone Else

CEOs say the darndest things. Mike Jeffries, the CEO of
Abercrombie & Fitch
(NYSE:
ANF
), has repeatedly
insulted consumers
by saying that he only wants certain kinds of people (the "good-looking" ones) to shop at his store.
Lululemon
(NASDAQ:
LULU
) founder and former CEO Chip Wilson got in trouble after saying that his store's yoga pants
don't actually work
for some women's bodies.
Google
(NASDAQ:
GOOG
) Exec Chairman and former CEO Eric Schmidt offended consumers when CNBC's Maria Bartiromo asked him the following question: "People are treating Google like their most trusted friend. Should they?" According to the
Huffington Post
, Schmidt replied by saying, "If you have something that you don't want anyone to know, maybe you shouldn't be doing it in the first place."
Related:How Many CEOs Slept Their Way To The Top?
These comments were made without the use of
Twitter
(NYSE:
TWTR
). What are the world's corporate leaders saying now that the social network has been placed in their hands? Pax Dickinson, the former CTO of Business Insider, was fired after posting
several
offensive messages. Justine Sacco, the former communications director of
IAC/InterActiveCorp
(NASDAQ:
IACI
), was fired after tweeting an
unforgettably offensive
message last December. Those tweets were intentional, but accidents can also make life difficult for companies that use Twitter.
US Airways
knows this
better than anyone
Related:Netflix CEO Reed Hastings "Learned His Lesson" After First Price Hike
Instagram
and
Pinterest
and Twitter and
Facebook
At the time of this writing, Louis Bedigian had no position in the equities mentioned in this report.
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