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I really can't comment on the specifics of Immelt or GE. But one question I've always had around situations of supposed lack luster performance is this... How

I really can't comment on the specifics of Immelt or GE. But one question I've always had around situations of supposed lack luster performance is this... How much worse would it have been had they not been at the helm? And of course the logical follow-up of how do you know that it could actually be turned around?

lovich 9y ago
That's a fine question but it can't be answered. Unless there was some creditor saying they would wipe away a significant amount of debt unless that CEO was put in you can't figure out what could have been. Since every CEO that I know of is willing to evaluate and compensate their employees based on their actual results and not "what ifs" then I am perfectly fine evaluating CEOs the same way