There's probably a bit of truth to it; I don't know what the r value of CEO salary vs. "success" to be, and to be sure there's A LOT more that plays into it. B

There's probably a bit of truth to it; I don't know what the r value of CEO salary vs. "success" to be, and to be sure there's A LOT more that plays into it. But it could play a small role. There's an old rule of thumb in stock trading (although it may be only from the person that told it to me; I've not heard it before or since) that says if a non New York based company opens an office in New York, particularly a big fancy one, sell immediately. The theory being that the CEO is trying to build a monument to himself rather than keeping on with a good business strategy.