I just reviewed some interesting information about Supermicro and its internal drama with the CFO. Charles Liang, the company's CEO, announced just over a year ago that they would urgently seek a new CFO. The reason: Ernst & Young had resigned as auditor, which triggered a special investigation. The result was that no fraud was found, but they did recommend several changes, including the accelerated search for a CFO.

But here’s the interesting part: 14 months later, David Weigand is still the CFO. No movement, no public updates on the search. Charles Liang and his team apparently haven't made any progress on this.

What this reflects is brutal: the competition for experienced financial talent on Wall Street is fierce. Good CFOs have options, and it seems that Supermicro isn’t attractive enough to speed up the process. Or perhaps the search was simply forgotten in administrative neglect.

It’s a symptom of something bigger in tech: when you need credible, experienced financial leaders, the market is so tight that the timelines you promise are not the ones you deliver. Charles Liang had legitimate reasons to want changes in his financial structure, but the reality of executive hiring is different from what’s announced at conferences.