Re:CEOs’ pay climbed before layoffs at tech giants like Alph...
by cudgy on Monday August 07, 2023 @08:04PM
(#37042671)
A CEO cannot be a CEO (unless they are a founder which is a different matter altogether) without an existing enterprise with equipment and real estate to manage, so I don’t see the point there.
Founder CEOs are founders of the company and of course they will receive large payouts. The gripe is with non-founder executive vp sliding into CEO jobs and going from making $1 million a year to tens or hundreds of millions of dollars a year practically guaranteed with all sorts of golden parachutes attached.
Founder CEOs are founders of the company and of course they will receive large payouts. The gripe is with non-founder executive vp sliding into CEO jobs and going from making $1 million a year to tens or hundreds of millions of dollars a year practically guaranteed with all sorts of golden parachutes attached.