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Re:Blockbuster CEO 'Confused by Fascination' With Netflix by prakash on Tuesday August 19, 2008 @01:27PM (#280554)
Why would the board of directors just wait around for a clueless leader to drive them into the ground?

Typically, CEO's hire their board and gives them lots of options to essentially align with the CEO.

Once I wrote this, out of curiosity, I checked who's on the board of Blockbuster. Interestingly, a one Carl Icahn is on the board. (http://www.reuters.com/finance/stocks/companyOfficers?symbol...)

Also, the CEO made $5 odd million last year(http://www.reuters.com/finance/stocks/officerProfile?symbol=...).

Re:Blockbuster CEO 'Confused by Fascination' With Netflix by mikeryan on Tuesday August 19, 2008 @03:34PM (#280723)
wtf? The board hires CEO's not the other way around - board members are voted on by shareholders.