Can you recover from a high-profile exit?

When disaster strikes, there isn't a manual for CEOs. However, the honorable thing to do to is at least tender a resignation, whether or not it's accepted, because "you become the organization, you stand for it," Poole noted. It might make sense to resign even if the board isn't howling for your head. There's a difference between what's right for you and what's right for the company, according to Ann Buchholtz. She's the research director at Rutgers Business School's Institute for Ethical Leadership. Your own interests are perfectly fair to take into account when it comes to choosing to leave, she said.

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