I don't mind the lack of transparency in regards to Estelle or issues relating to her - the fact the board took action as quickly as they did signals their commitment to the company.
Now, Estelle was obviously a good employee and got the CEO promotion as proof, and the decisions she made that lead to poor financial performance for the company, were very likely influenced by a few under her. She's done well in her career, and I think had the technical knowledge that they required (due to her first position) but she might not have understood the money component...
I don't think its wise for companies to ruin employees and affect their future employment - Atomos hasn't addressed anything directly but with that sales update [announcement], it did imply her choices regarding advertising were ill-favoured. Also, her departure announcement, and the reason being was 'relocation' did seem petty.
It's obviously affecting her employment opportunities. (i can understand what that feels like, having had a mentally ill boss, who got me fired by setting me up, and using his network to prevent my reemployment, it was obvious in at least two interviews - yes i work in a small industry with only a handful of competitors.)
I hope she is able to clear her reputation and score a hot job AND i hope Atomos doesn't land themselves in hot water.
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