[nicoburns]

Why does the CEO of a private company have incentive to fix things? Presumably because they’ll be fired if they don’t. How is that any different for the head of a governmental organisation?

[twblalock]

Stock compensation.

[nicoburns]

I mean sure, but do you really feel like that’s necessary for someone to be motivated to do a good job. IMO there’s plenty of incentive without that.

[kortilla]

Well you’re completely wrong. The vast majority of a CEO’s compensation is tied to the success of the company (often >90% comes in stock).

It’s the difference between life changing money (early retirement, vacation anywhere any time, etc).