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by maerF0x0 1116 days ago
> to save a few bucks

Because a few bucks compounded by the marginal next best CEO might be a major improvement for shareholder.

The real reason boards don't cheap out is because no one has ever[1] got fired or sued for paying top dollar for the best when things go to crap and everyone else is pointing fingers

[1]: don't get pedantic about this common phrase