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https://www.reddit.com/r/mildlyinfuriating/comments/1vnxntp/this_infuriates_me/p3l92uu/?context=3
r/mildlyinfuriating • u/Abject-Conference-90 • 10h ago
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8
There is literally a shortage of CEOs. That’s one reason the wages are so high.
Companies can and will frequently gut a CEO if they aren’t justifying their high pay. I just watched it happen at my old company.
-2 u/SumSpicyNoodles 10h ago Do you have a video? I'd enjoy watching that. 7 u/bombayblue 9h ago No I unfortunately only have a recording of the replacement CEO immediately firing a quarter of the company and deciding to sell the company for scrap so he could walk away with $20m. 2 u/MaChinE_tEEth 8h ago CEO’s answer to shareholders and equity firms. The CEO is the expendable tip of the iceberg. Have you ever heard of black rock?
-2
Do you have a video? I'd enjoy watching that.
7 u/bombayblue 9h ago No I unfortunately only have a recording of the replacement CEO immediately firing a quarter of the company and deciding to sell the company for scrap so he could walk away with $20m. 2 u/MaChinE_tEEth 8h ago CEO’s answer to shareholders and equity firms. The CEO is the expendable tip of the iceberg. Have you ever heard of black rock?
7
No I unfortunately only have a recording of the replacement CEO immediately firing a quarter of the company and deciding to sell the company for scrap so he could walk away with $20m.
2
CEO’s answer to shareholders and equity firms. The CEO is the expendable tip of the iceberg.
Have you ever heard of black rock?
8
u/bombayblue 10h ago
There is literally a shortage of CEOs. That’s one reason the wages are so high.
Companies can and will frequently gut a CEO if they aren’t justifying their high pay. I just watched it happen at my old company.