Culture & Lifestyle /
RadiumOne Says Goodbye To CEO Gurbaksh Chahal
“Success is how high you bounce when you hit rock bottom” – Gurbaksh Singh Chahal posted on his recent blog.
On Aug 5, 2013, well-known, serial entrepreneur millionaire, Chahal was reported to have allegedly assaulted his girlfriend by hitting her 117 times within a period of less than a half an hour. Police were able to obtain video footage – after a 911 call was made – from the surveillance cameras set up across his penthouse apartment. It was the main source of evidence following which he was charged with a staggering 45 counts of felonies. Chahal has faced tremendous negative backlash ever since with people calling to boycott his current company, RadiumOne. It’s been a hot button topic for a number of weeks now as the story has gotten global attention both by media and the public.
Owing to the video surveillance having been illegally obtained (making it inadmissible in court as evidence) coupled with the alleged victim’s refusal to testify against him, Chahal did not face any jail time. In an interesting turn of events, despite a lack of chargeable evidence, two weeks ago, Chahal pleaded guilty to one count of battery and one count of domestic violence battery, with the remaining 43 charges dismissed. The verdict? A $500 fine, a three-year probation period, a 52-week domestic violence-training program, and 25 hours of community service.
After intense media backlash, RadiumOne’s Board of Directors asked for Chahal’s resignation which he refused. This decision came to him as an ugly shock, prompting a lash out against the board of directors on his blog in a post entitled “Can You Handle The Truth?”.
Chahal maintained his innocence in the post, claiming that he only decided to go with the plea bargain to not waste another year of his life going through trials, something that he says would ultimately have resulted in him being exonerated of all charges in any case, due to the case having no substance behind it. He went on to say that his board of directors happily supported the decision, as that would have meant progress for the company, even quoting an email from one of the directors that stated, “This will blow over very quickly and we focus on the IPO.”?? Under his leadership, RadiumOne was well on its way to raising $100 million in an upcoming IPO.
Chahal then took to blogging and tweets to explain his side of the story.
The intensity of the backlash spiked even further upward when Fortune magazine’s columnist, Dan Primack called for Chahal’s ouster, castigating the board for not taking action sooner. While that didn't go well with the board itself, Tech Crunch dropped RadiumOne as a sponsor of the popular Disrupt NY technology conference, and their senior editor, Leena Rao explained in an open letter why in their opinion, Chahal’s behaviour had become impossible to ignore.
On April 27, 2014, 11 days after he pleaded guilty, the board fired him as Chairman and CEO of the company he founded back in 2009.
“Whatever happened supporting your CEO during the tough times knowing the truth?” Chahal had questioned the board on his personal blog site reminding them of all the profit he has helped them attain in the past. The blog has since been removed from his site. ?
Bill Lonergan, RadiumOne’s new CEO has published a memo via Re/Code as a response to Chahal’s now deleted blog. In it, he said: “It became clear that Gurbaksh’s ability to lead the company had been severely compromised by the legal proceedings and ensuing developments.” Lonergan also stated that the email quoted by Chahal had been taken out of context and that it was only meant to dissuade him from speaking to the media any further, in an effort to avoid additional negative press. Chahal has been stripped of any executive authority and the company promises to move on with business seamlessly. RadiumOne claims that Chahal has no legal claim against it and hopes he will not proceed to attempt the same. ??
A company spokeswoman said Monday that neither they nor the company would add to their statement announcing Chahal’s replacement by former COO Bill Lonergan.
Has this story finally come to an end? Only time will tell.
Featured Image:i1.ytimg
COMMENTS
YOU MAY ALSO LIKE
-
Why Isn't Our Desi Community Ready To Accept South Asian Lesbians?
-
Easy Breezy Summer Cocktail Recipes To Try At Home
-
7 Mango Recipes You Can Try This Summer!
-
Here Are 8 Key Things You Can Do To Support The Trans Community
-
Make Your Dad Feel Like A Superstar With These Father's Day Gifts
-
Educate Yourself On #BlackLivesMatter With These Key Books
-
Mindful Health: You'll Be Surprised At What These 3 Super Spices Can Do For You
-
#BlackLivesMatter Needs The Right South Asian Ally
-
NYC's India Center Foundation Hands Out Big Dollars For Artists Affected By COVID-19
-
June 2020 Hottest Tech Gadgets That You Need Now!
-
Transgender Activist Akkai Padmashali On Bringing Dignity & Equality To The Trans Community Of India
-
In Search Of Justice For George Floyd — A Snapshot Of A Burning America
-
Staying Indoors? Boost Your Body With These 5 Vitamin Gummies
-
Art History Of Sri Lanka: 3 Pioneering Modern Artists You Should Know
-
Be A Home School Hero With These Key Teaching Tips
-
#WomenSupportingWomen: Celebrating The 2020 L'Oréal Paris Women Of Worth Honourees
-
Art History Of Bangladesh: 4 Pioneering Modern Artists You Should Know
-
Boomer, Gen X And Gen Y — Three Moms From Different Generations Share Their Motherhood Experiences And More
-
Art History Of Pakistan: 4 Pioneering Modern Artists You Should Know
-
May 2020 Hot Tech Gadgets That You Need Now!
-
Art History Of India: 4 Pioneering Modern Artists You Should Know
-
COVID-19: Sikh Nation Breaks Records With Their Biggest Blood Drive In Canada
-
COVID-19: Game On! Self-Isolation Is Turning People Into Serious Gamers
-
COVID-19: Are We The Virus? The (Much) Cleaner Earth Breathes In New Life Thanks To The Global Lockdown
-
COVID-19: What Happens To The Strays And Pets During India's 21-Day Lockdown?
-
Ramadan 2020 Food Guide: What To Eat & What To Avoid During Your Month Of Fasting
-
COVID-19: These South Asian Healthcare Workers Are Making A Difference On The Frontlines
-
COVID-19: Feel The Groove With These Online Bollywood & Bhangra Dance Classes
-
COVID-19: 7 Chefs To Follow For Fresh Quarantine Recipes
-
COVID-19: Three Journalists Tell Us What It's Like Inside India’s 21-Day Lockdown
-
COVID-19: Clinical Psychologist Dr. Monica Vermani Shares Her Tips On How To Survive And Thrive Through This Time
-
COVID-19: Ace The Fitness Game With Bollywood Celebs & Their Trainers At Home!
-
COVID-19: 5 Key Ways To Manage Your Mental Health
-
#RajGirnThisIs50 Birthday Extravaganza Was A Night To Remember!
-
World Water Day 2020: Can A Water Treaty Save South Asian Countries?
-
March 2020 Hot Tech Gadgets That You Need Now!
-
Why Are Pakistani Girls Being Sold As Brides To Chinese Men?
-
Namaste Trump: The Moments From Trump's India Trip That Mattered
-
Masala Zone Brings Authentic Indian Street Food To London
-
Soothe Your Soul With These 3 South Indian Soup Recipes
-
World Day Of Social Justice: How Nepal & Pakistan Are Fighting For Their People's Future
-
Mindful Money: 5 Ways To Keep Your Spending In Check
-
The Desi Rappers Who Are Fighting To Make Bernie Sanders President
-
Looking For Love? These Desi Dating Apps May Just Be For You!
-
Recipes For Romance: 3 Ways To Give Your Valentine's Day Dinner A Delicious Desi Twist
-
It's Okay To Be Alone: Why Solitude Is Good For The Soul
-
My Soul-Enriching Experience At The Sivananda Yoga Ashram In The Bahamas
-
Hot February 2020 Tech Gadgets That You Need Now
-
Tips On How To Embrace The New Decade With Positive Energy
-
It's Time To Recognize That Depression Is a Serious Problem For Us
-
Game On! Feed Your Super Bowl Fans These Delish Desi-Inspired Bites
-
Kutir Celebrates India's Wildlife Culinary Heritage In The Heart Of Chelsea UK
-
Pantone Colour Of The Year 2020: Brighten Up Your Haveli With These Classic Blue Touches
-
January 2020 Hot Tech Gadgets That You Need Now!
-
2. Why The Priyanka 'Hypocrite' Story Just Won't Go Away
-
7. Trudeau In Brownface Scandal: Should We Forgive Him?
-
10. Actioning Abundance: Mindful Ways To Bring Mental, Emotional & Spiritual Abundance Into Your Life
-
ANOKHI Life Holiday Gift Guide 2019: The Coolest Ethnic Decor Ideas For Gifting
-
ANOKHI Life Holiday Gift Guide 2019: Be "Present" With These Mindful South Asian-Inspired Gifts
-
Hot December Tech Gadgets That You Need Now!
Newsletter Sign Up
Subscribe to our FREE newsletter for all of the latest news, buzz, blogs and radio shows, delivered directly to your inbox!
MONTHLY 'REAL TALK' SHOW
AIRING
Recent Shows
Monthly Celebrity Talk Show
Airing
Recent Shows
