Dunno him...but I'm sure I've done worse.
Everyone fucks up.
To err is human , to forgive , divine
However as Ant says this is a wake up call , some listen to the alarm and turn there lives around.Others don't.
If it was my rep ( and I say this now that I'm clean and sober of course) I'd chat with him (ie coat him to within an inch of his life ) and offer options.
Option 1. Stop drinking continue employment , with every help an assistance.
Option 2. Continue being a drunken bum , leave the corp and hope he nevers serves me at Mickey D's.
However...
In 2001 I prolly would have appointed him to the board ;-))
Difference is , and I know this to be true....drunk and partying income = $0.00 if your lucky...its actually negative...
Clean and sober , frankly , you can OWN this industry.