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by roenxi 820 days ago
Doesn't sound like the CEOs problem; he isn't there to make personal sacrifices to make the company profitable and I don't think anyone would pretend he is. If anyone should be making that observation it is whoever signs off on his compensation.

Although the compensation package won't cash so the situation isn't quite that simple.
2 comments
pjc50 820 days ago
It's baffling how shareholders are so tolerant of a CEO looting the company for substantial fractions of its total value annually. But it's very widespread.
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pbhjpbhj 820 days ago
Aren't most shareholders there to attempt to loot the company? Capitalism is surely about aligning and exploiting greed, like a confidence trick?
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giantg2 820 days ago
It can only be viewed as a sacrifice if you believe he legitimately deserves that much money. That money could be used to increase employee comp instead of shareholder value. That's a lot of money for running an unprofitable business. I wish I was so delusional that I thought I deserved 100s of millions for running an unprofitable company.
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