As the company seeks an appropriate resolution, they need to look at who was (or was not) hurt at the time of the incident, not who may take offense 40 years later.


I'm not certain about this -- my exact concern if this happened at my workplace would be what this says about what the executive thinks now. Everything previous commenters mentioned about how this picture came to light would matter. If this executive had given me a verbal or written warning I would be re-evaluating it in light of this discovery.