Because when you are a high level executive at a company, part of what you are being paid for is understanding you need to protect the company above your job.
I'm not talking about fraud here, or things like that. I'm talking about when you get into a situation which can only cause the company harm and embarrassment, the generally appropriate thing to do is remove your link to the company.
If he was a random employee, sure, they don't pay you to do that, but executives, yeah, this is one of the reasons they are paid well.
I'm sure he also holds enough options/stock that he has a financial incentive to not cause the company financial trouble through his alleged personal indiscretions.
I'm not talking about fraud here, or things like that. I'm talking about when you get into a situation which can only cause the company harm and embarrassment, the generally appropriate thing to do is remove your link to the company.
If he was a random employee, sure, they don't pay you to do that, but executives, yeah, this is one of the reasons they are paid well.
I'm sure he also holds enough options/stock that he has a financial incentive to not cause the company financial trouble through his alleged personal indiscretions.