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A comment on Private equity bought out your doctor and bankrupted Toys“R”Us. Parent comment

Re:Private equity bought out your doctor and bankrupted Toys... by tiffanyh on Tuesday June 13, 2023 @06:42PM (#36318637)
My favorite title bump is “Head of X”.

Because rarely the person is ever the actual head.

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Re:Private equity bought out your doctor and bankrupted Toys... by gtop3 on Tuesday June 13, 2023 @07:06PM (#36318888)
Declaring someone "head of X" is hedging your bet. If X goes well, then you had the foresight and leadership to expand X. If X fails, then you have a scapegoat picked out.
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Re:Private equity bought out your doctor and bankrupted Toys... by JacobThreeThree on Tuesday June 13, 2023 @07:06PM (#36318886)
It also is not a formal executive title like manager, director, officer, VP etc.
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Re:Private equity bought out your doctor and bankrupted Toys... by lotsofpulp on Wednesday June 14, 2023 @12:22AM (#36321429)
In finance, VP is not a “formal” executive title, it is just what they give to 24 to 26 year olds.

In retail/hospitality/many other customer facing positions, manager is also just someone who gets paid a salary in exchange for being on call and working 60+ hour weeks while shortstaffed.

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