3 ms·
The Chairman role is largely symbolic. I seriously doubt that if he gave it up, it would reduce his work load. EDIT: largely. In a company like Tesla, with s
by e40 8y ago
The Chairman role is largely symbolic. I seriously doubt that if he gave it up, it would reduce his work load.
EDIT: largely. In a company like Tesla, with such a strong CEO, the Chairman would be a symbolic role. In a very large and sprawling company (PepsiCo?), it wouldn't be so symbolic.
- dragonwriter 8y ago> In a company like Tesla, with such a strong CEO, the Chairman would be a symbolic role. In a company like Tesla, that has been sanctioned by the SEC for failing to adequately control the public actions of the still-current CEO, it's unlikely that the Chairman would be a symbolic role.
- Latteland 8y agoSo he made one big mistake. He's done a lot of good stuff. He was punished, he's done a lot of good for the world. Compare him to the heads of banks and financial orgs in 2008, people doing credit default swaps,, the entire financial world that takes a cut out of most transactions for no good readon, like ipos. He's a huge net positive for the world.
- brennebeck 8y agoI don’t think the point of the comment is at all related to what Musk has or has not done, nor his value as CEO. The point was that after a public censure of a CEO and company, the subsequent Chairman would be expected to work towards preventing a similar situation and would have the authority/mandate to do so. Edit: use Musk’s name.