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A comment on Many Companies Aren’t Prepared to Replace Underperforming CEOs. Parent comment

Re:Many Companies Aren’t Prepared to Replace Underperforming... by fdgsdfogijq on Friday November 04, 2022 @04:49PM (#33473539)
A large company is like an oil tanker. Its never clear whether that oil tanker can be turned fast enough to avoid the ice berg. And thus, its never clear whether its the CEOs fault, or the circumstances. Too much complexity.
[ Parent | on HN ]
Re:Many Companies Aren’t Prepared to Replace Underperforming... by FredPret on Friday November 04, 2022 @07:25PM (#33475543)
Perhaps. But the profit and loss accrues to the owners, no matter what. The buck stops there, fairly or unfairly. So the investor has to allocate capital wisely, and pick CEO's as best they can.
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