Haha don't let the door hit you on the way out!
Having the CEO title on your resume is like having a membership in the old boys club. He will find another CEO position in a heartbeat. Even if he doesn't know what the company makes or how they make it. Just like the CEO of the Fast Signs company shown on Undercover Boss last week, She had NO CLUE how to do any of the work her employees did, But she thinks she knew it all.
1. There is not a CEO on this planet who "Earns" aka "Deserves" more than 200,000.00 per year in compensation. At the very least, superior performance should be the only determining factor for a CEO "Earning" superior pay. 2. For every CEO dissatisfied with his compensation, there are at least a dozen equally or better qualified individuals who would gladly accept his position without question for the salary offered, which would result in higher dividends for shareholders or the ability to expand or hire additional workers. 3. A "Bonus" should be a reward for performance above and beyond the scope of one's day to day routine duties and NOT an automatic "entitlement" he/she receives simply because they feel it is owed to them for doing nothing above their normal duties. In other words, CEO's and all excutives should be required to "Earn" their positions, bonuses, and salaries just like the rest of us on this planet.
...and at which university do you teach?
ALL companies should follow suit!
Scumbag ceos are only good at SPENDING others do the EARNING
The shareholders would GET their money if the companies didn't pay the CEO's such high salaries. Pay the employees decent salaries, then pay the shareholders their money. The average salary for most employees (for a company such as this) is less than 30k a year, and this guy gets 28 million. How in the world can they justify the vast difference in salaries?
Good for him that he left the company I hope there is no Golden Parachut. I'm sure he has a few pounds in the Bank.
Diamond got $28.7 million at Barclays in 2011 and sucked at it? Hell, I'll do it for half of that AND pay my own relocation to the UK to boot! I look great in a suit and tie so I can't do any worse.
I agree. Even a pig looks good in a suit.
Corporate America opened that can of worms when they started paying CEO's exorbitant salaries but then also claimed they had to lay off workers due to low revenue. The notion that one person at the top is credited with all that is accomplished at a company has to stop or if not our country and our national security will be decimated. We can't lead the word with a country full of entrepreneurs only as we need scientist, engineers, factories, and industrialized jobs here in the USA in order to be self reliant.
POTUS killed Osama
What a pompous a$$