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by BeetleB 108 days ago
At least the article mentions that it is contingent on bonus targets. All too often articles skip that and say "Y was paid $$$".

Notably, go look at Intel's Pat Gelsinger. Prior to his firing, lots of articles talking about how he was one of the highest paid CEOs (citing numbers in excess of $150M). They'd fail to mention that it was over several years and only if he met targets.

Well, he didn't meet those targets. His actual compensation was about $10M/year.

1 comments

I'm willing to fail as Intel's CEO for the low, low cost of $5m/year, and I can get it done in a year.
Sorry, we’re only considering applicants with a proven track record of failing as CEO
Can't risk hiring an amateur and he accidently succeeded.
I've heard it's called falling, er, failing upwards.
If someone's actually willing to pay that for you, you should take the job. If no one is, then you are not even as good as Pat Gelsinger when he doesn't meet his objectives.
I'd do it for free, just for the lulz.
I'll do it for $1m/year. Come on, shareholders, you could save a fortune.