The CEO of an IT company has stepped down after a video of him hugging an employee at a Coldplay concert sparked backlash. The clip went viral, leading to public scrutiny and ultimately his resignation.

Editor’s Note: This isn’t just gossip—it’s a reminder of how quickly personal moments can become professional liabilities, especially for high-profile leaders. Whether the backlash was fair or overblown, it shows the tightrope CEOs walk between personal behavior and corporate image. For employees and investors, it raises questions about accountability and workplace culture.