When a company is failing, there are a number of reasons why the CEO might jump ship. Some of these reasons include:

* To avoid blame: When a company fails, the CEO is often the one who is held responsible. By jumping ship, the CEO can avoid this blame and protect their reputation.

* To pursue other opportunities: If a CEO sees that their company is on the decline, they may jump ship in order to pursue other opportunities. This could include taking a job with a more successful company, starting their own business, or retiring.

* To cash out: If a CEO has a lot of stock in their company, they may jump ship in order to cash out their stock before the company goes bankrupt. This can allow them to make a profit even though the company has failed.

However, there are also some reasons why CEOs might not jump ship when their company is failing. Some of these reasons include:

* A sense of loyalty: Some CEOs feel a sense of loyalty to their company and its employees, and they may be reluctant to abandon them.

* A belief in the company: Some CEOs may believe that their company can still be turned around, and they may be willing to stay on board and fight for its survival.

* A lack of other options: Some CEOs may not have any other viable options for employment, and they may be forced to stay on with their failing company.

Ultimately, the decision of whether or not to jump ship from a failing company is a complex one that depends on a number of factors. There is no one-size-fits-all answer, and each CEO must decide what is best for them in their own circumstances.

Here are some specific examples of CEOs who jumped ship from failing companies:

* In 2008, Lehman Brothers CEO Richard Fuld resigned just days before the company filed for bankruptcy.

* In 2012, MF Global CEO Jon Corzine resigned after the company lost more than $6 billion in a matter of days.

* In 2014, RadioShack CEO Joe Magnacca resigned after the company filed for bankruptcy protection.

Here are some specific examples of CEOs who did not jump ship from failing companies:

* In 2008, General Motors CEO Rick Wagoner was forced to resign by the Obama administration, but he stayed on with the company to help it through its bankruptcy.

* In 2012, Chrysler CEO Sergio Marchionne refused to abandon the company even though it was on the brink of bankruptcy.

* In 2014, Blockbuster CEO Jim Keyes stayed on with the company until it filed for bankruptcy protection.