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One person died and another was injured Friday when Virgin Galactic's SpaceShipTwo test flight failed following what the company described as a "serious anomaly."

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Shocking CEO downfalls

POSTED: 10:16 AM PST March 1, 2013    UPDATED: 8:10 AM PDT July 24, 2014 

Walmart's Bill Simon is the latest big-name CEO to make a shocking departure.

Walmart US CEO Bill Simon
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Rick Wilking/Reuters

Walmart's US CEO Bill Simon, once on track to head the entire company, is out amid reports of sluggish sales and slow growth. He had been with Walmart since 2010. Here are some other shocking CEO departures and downfalls, some for far more nefarious reasons than others.

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