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I think the public facing role and risk is adequately compensated. CEO's start the company and suffer share dilution. They did their job if the shares are valu
by gammateam 8y ago
I think the public facing role and risk is adequately compensated.
CEO's start the company and suffer share dilution. They did their job if the shares are valuable.
Future CEOs don't get the same incentive package, and need something somewhat comparable.
- bb2018 8y agoEven CEOs who don't start the business and are paid more money that seems necessary are probably worth it. Lloyd Blankfein gets 50M+ at Goldman Sachs but with profits of 10B its hard to argue hiring the best possible CEO won't help improve profits by a tiny percentage. Is it fair that society lets someone keep so much money? Maybe not. But if you are an owner (directly or through stock) or even an employee who de facto wants the company to succeed, it is mutually beneficial to have such highly compensated executives.