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re: Updated CEO pay OP: CEOs earn 3.8 times average worker
Posted on 10/2/14 at 5:04 pm to LSUFanHouston
Posted on 10/2/14 at 5:04 pm to LSUFanHouston
quote:
My problem is when a CEO comes in, screws everything up, the stock price drops by half, a bunch of people get laid off, and he leaves after 2 years with a bunch of millions.
When this happens, they just move on to be the CEO of the next company. Once you get in the CEO loop, you've got a golden parachute for life.
1
Posted on 10/2/14 at 5:05 pm to upgrayedd
quote:
When this happens, they just move on to be the CEO of the next company. Once you get in the CEO loop, you've got a golden parachute for life.
Yup. Even crappy football coaches usually have to step down to a coordinator role for a few seasons.
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