[spicyj]

It's harder to make a news story out of "director promoted to VP" than it is out for "Google VP leaves for Facebook". I think at all of these companies, a large portion of the executive team was promoted from within and has been with the company for many years.

[spyspy]

And that snubbed director is going to leave to be VP of another company and the cycle starts all over again.

[spicyj]

My point was that promotions do happen frequently, you just don't hear about most of them.

[kzhahou]

You're right that there's gonna be selection bias if one just judges by press. But I've seen this internally many times as well.