Re:It’s Never Been Easier to Be a CEO, and the Pay Keeps Rising
by minikites on Friday May 24, 2019 @02:16PM
(#20003990)
Once you get to a certain level of success in the business world, you can't fail. CEOs who run a business into the ground easily find work leading other companies. CEOs who commit crimes almost never get punished. There's a serious issue with "moral hazard" because they can't fail or be punished.
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Re:It’s Never Been Easier to Be a CEO, and the Pay Keeps Rising
by lostlogin on Friday May 24, 2019 @02:43PM
(#20004194)
> Once you get to a certain level of success in the business world, you can't fail. CEOs who run a business into the ground easily find work leading other companies.
There are other paths too, like going on to lead countries.
Re:It’s Never Been Easier to Be a CEO, and the Pay Keeps Rising
by justfor1comment on Friday May 24, 2019 @02:27PM
(#20004080)
.. and even if they are punished the fine is usually so small that they can commit the same crime a few hundred times and still won't run out of money.
Re:It’s Never Been Easier to Be a CEO, and the Pay Keeps Rising
by forum301 on Friday May 24, 2019 @06:34PM
(#20005892)
"Can't fail" was said before every possible failure.
[dead]
Re:It’s Never Been Easier to Be a CEO, and the Pay Keeps Rising
by tzakrajs on Friday May 24, 2019 @02:36PM
(#20004143)
Two of those people are billionaires and the Carly Fiorina is also incredibly rich ($50-60 mil) after departing HP.
Re:It’s Never Been Easier to Be a CEO, and the Pay Keeps Rising
by Sohcahtoa82 on Friday May 24, 2019 @03:11PM
(#20004456)
Not to mention a presidential campaign where she peaked at 15% at the polls. While a low number for sure, it's still a significant figure when there were so many candidates at the time.
Re:It’s Never Been Easier to Be a CEO, and the Pay Keeps Rising
by Zimahl on Friday May 24, 2019 @03:12PM
(#20004465)
Fiorina also ran for president and she used her experience at HP as a talking point for how she was a good candidate. It boggles the mind.
Re:It’s Never Been Easier to Be a CEO, and the Pay Keeps Rising
by ThrowawayR2 on Friday May 24, 2019 @06:27PM
(#20005855)
And none of them have been been CEO of anything significant since their screw-ups. Sure sounds like failure to me.
Re:It’s Never Been Easier to Be a CEO, and the Pay Keeps Rising
by Can_Not on Friday May 24, 2019 @07:24PM
(#20006140)
Having over 10 million dollars seems to exclude eligibility for failure to me.
Re:It’s Never Been Easier to Be a CEO, and the Pay Keeps Rising
by ThrowawayR2 on Friday May 24, 2019 @11:32PM
(#20006946)
Since the topic is "CEOs who run a business into the ground easily find work leading other companies.", what is your point? Bringing up their wealth contributes nothing of relevance to this discussion.