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by notatoad 738 days ago
>You seem to assume a good CEO equals a successful company

the only assumption i see is the counter to that - a bad CEO equals an unsuccessful company. and i don't think that's a very controversial assumption.

2 comments

A bad CEO can look great on paper and in the stock price. The product however will likely not keep pace, charging more for a product providing less value.

Long term value, employee satisfaction, and customer satisfaction are all intertwined. New management is more likely than not to harm at least one of those 3 .

> And the new CEO (David Limp) used to be in charge of Kindles.

Seems to imply there is an issue with a CEO of a space company previously working on Kindles.

> Bezos had the former Honeywell CEO in charge of Blue Origin, which to me was such an odd choice

Also seems to imply the CEO is bad because their previously only worked at Honeywell on thermostats.

In my mind none of the above has anything to do with how good or bad a CEO is. Perhaps I am misreading it. In which case ignore me.

Honeywell is also an aerospace company:

https://aerospace.honeywell.com/

All things being equal, you'd want a CEO who understands the business, either by coming up through the ranks or a long career at another company in the same business.
Which is basically Gwynne Shotwell, if I read her bio correctly.