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Don't you think there are plenty of people out there that would be willing to do Doug's job just as well (or better) for < 22.8 million?
by aerotwelve 8y ago
Don't you think there are plenty of people out there that would be willing to do Doug's job just as well (or better) for < 22.8 million?
- goobynight 8y agoYou could say that about you and me as well. Time and place matter. He was there at the right time, sold himself and got a contract that essentially guarantees someone can't just come in and undercut him in a month.
- zdragnar 8y agoThere certainly are. Some of them might even have the experience that would lead the board to believe that they could do it successfully. What's the point? CEO positions should be chosen by random lottery? The company either offered a large enough chunk of money to attract the most talented / experienced individual they could, or Doug negotiated strongly enough to convince them that hiring him to CEO would be worth paying him that much.