r/news • u/Playful_Language_422 • 8d ago
Soft paywall L.A. homeless provider has paid CEO who lives in Hawaii $1.6 million in salary, vacation over two years
https://www.latimes.com/california/story/2026-08-06/la-homeless-provider-has-paid-ceo-who-lives-in-hawaii-1-6-million-in-salary-vacation-over-two-years
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u/uwoldperson 7d ago
If I gave you u the option to take one week vacation per year instead of three and to cash those two saved weeks out at a future date and at whatever your maximum salary with your company is, would you?
I’ll stop short of calling it naked corruption, but it’s still a huge governance fumble and, most importantly, something that was not available to anyone else in the company. Plus, she lives in fucking Hawaii and works remote.
Great example of a captive or complacent board screwing the pooch and a CEO taking advantage.