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Re:Microsoft CEO Satya Nadella named chairman of the board by boredprograming on Thursday June 17, 2021 @04:06AM (#27537231)
In the US I frequently see this:

Guy hired as CEO

Guy gets such absurd compensation he becomes a near billionaire and major stockholder after ~5 years.

Guy is elected to the board for his amazing credentials (billionaire major stockholder)

Retires at 40 to being a "full time" board member, and chills around company the rest of his life swimming in money and free shit

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