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Article states that the board needed an incentive to keep the CEO on since he was going to retire at 65 otherwise. Wasn’t this an entirely foreseeable outcome?
by greenleafjacob 9y ago
Article states that the board needed an incentive to keep the CEO on since he was going to retire at 65 otherwise. Wasn’t this an entirely foreseeable outcome? I mean what will be different next year for example? I looked for some market force or exigency that would force the board’s hand but didn’t see any in the article.
- mcrocop 9y agoThe board values him enough to give him this raise. If they do not find a suitable replacement, they will be forced to do this song and dance again next year.
- gameswithgo 9y agoPerhaps the board is made up of other extremely high paid CEOs who have a hard time believing other people could do their jobs, for far less?
- greenleafjacob 9y agoThat certainly was/is my initial bias.