If Carney was a Canadian CEO, his best defence would be that his deceptions were discovered before he was elected. But that runs against another strong theme of employment law, which is that a CEO can be dismissed without severance if they are found to be dishonest, particularly if they lie to obtain the position.
Having integrity, being respected and serving as a role model is so fundamental to the role of a CEO that the absence of such traits, even if discovered unrelated to the employment, can be cause for discharge without severance speaks the truth.
…Howard Levitt