4 ms·
compensation is for effectively jettisoning her career It doesn't work like that. Take Carly Fiorina for example. Measured either by jobs or by shareholder val
by gaius 9y ago
compensation is for effectively jettisoning her career
It doesn't work like that. Take Carly Fiorina for example. Measured either by jobs or by shareholder value destroyed, she has a fair shot at the title of "worst CEO in history, ever". And yet people still thought that that experience qualified her for a shot at the Presidency. Indeed she even claimed that her business experience was what made her the best candidate! MM will probably be Uber's next CEO without missing a beat.
- abalashov 9y agoYeah, I know, and I was mindful of that in trotting out the hypothesis. But I suspect there is a taxonomy within the upper strata of the CxO world where the optics of "running Yahoo into the ground" may disqualify her from the crème de la crème CEO jobs or pay packages, forcing her to settle for merely $ungodly_sum with not so hefty a multiplier. They're also rules that most likely apply only when making lateral moves within the field, subject to the highly idiosyncratic rules of the Fortune 100 exec recruitment game. The headers get stripped when you move into something like the Presidency, since there is an alchemy by which you can parlay a previous stint as a Fortune 100 executive into the vague catch-all digest of "business experience". I mean, look at our current President.