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When ordinary people take a job and fail, even when the job itself is impossible, they don't get rewarded. CEOs shouldn't be treated differently is my point. If
by vaishaksuresh 9y ago
When ordinary people take a job and fail, even when the job itself is impossible, they don't get rewarded. CEOs shouldn't be treated differently is my point.
If it was impossible and the company couldn't be salvaged, there was no compulsion for her to take the driver's seat. If she was hired to sell the company and she accomplished that, then I'm fine with her getting rewarded. If she was hired to turn the company around, but if instead, she drove it to the ground and ultimately sold, then she does not deserve the reward.
- crispyambulance 9y agoI think they just chose the best executive they could find and hoped for the best. Could they have chosen a c-level that would take zero in the event of a sale? Perhaps. But they did not.
- sjg007 9y agoNo "good" C level exec would take the job without a guarantee. You can define "good" based on the company's need. Here it was a high profile exec from one of the most profitable Internet companies ever.