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Really? When has that happened? https://en.wikipedia.org/wiki/Tony_Hayward https://en.wikipedia.org/wiki/Tony_Hayward >Anthony Bryan Hayward is a British busi

Really? When has that happened? https://en.wikipedia.org/wiki/Tony_Hayward https://en.wikipedia.org/wiki/Tony_Hayward >Anthony Bryan Hayward is a British businessman and former chief executive of oil and energy company BP. His tenure ended on 1 October 2010 when he was replaced by Bob Dudley following the Deepwater Horizon oil spill. He has been chairman of Glencore Xstrata since May 2014. https://en.wikipedia.org/wiki/John_Legere https://en.wikipedia.org/wiki/John_Legere >John Legere (born June 4, 1958) is an American businessman who is the chief executive officer and former president of T-Mobile US. His leadership at Global Crossing was controversial, which included large executive bonuses and filing for bankruptcy.

wang_li 7y ago
>Really? When has that happened? If you're talking on the scale of a non-founder CEO who is making $15 million per year, it happens all the time. There just aren't that many public companies that pay that much. The headline in this story comes from an analysis of the 350 largest publicly traded companies. A fired CEO can't just go down the street and find another $15+ million dollar salary ruining another company. Two examples would be Melissa Meyer and Ellen Pao. Both of whom are basically unemployable outside of board memberships.
- freeone3000 7y ago
  "outside of board memberships", that six-figure sinecure with two annual meetings and a rubber stamp? Heaven forbid they be forced to stoop to THAT level.
  - wang_li 7y ago
    But they're not six-figure salaries.According to [1] average base pay is $25,000. Bigger companies do pay more, into the $200,000 range, but it's not like failed CEOs are asked to join boards of huge companies. 1. https://work.chron.com/director-corporate-board-paid-19587.html https://work.chron.com/director-corporate-board-paid-19587.h...
- armSixtyFour 7y ago
  Unemployable with millions of dollars to invest in whatever it is they want. It's not all roses, but it's not as if their lives are over.

wang_li 7y ago

>Really? When has that happened? If you're talking on the scale of a non-founder CEO who is making $15 million per year, it happens all the time. There just aren't that many public companies that pay that much. The headline in this story comes from an analysis of the 350 largest publicly traded companies. A fired CEO can't just go down the street and find another $15+ million dollar salary ruining another company. Two examples would be Melissa Meyer and Ellen Pao. Both of whom are basically unemployable outside of board memberships.

freeone3000 7y ago
"outside of board memberships", that six-figure sinecure with two annual meetings and a rubber stamp? Heaven forbid they be forced to stoop to THAT level.
- wang_li 7y ago
  But they're not six-figure salaries.According to [1] average base pay is $25,000. Bigger companies do pay more, into the $200,000 range, but it's not like failed CEOs are asked to join boards of huge companies. 1. https://work.chron.com/director-corporate-board-paid-19587.html https://work.chron.com/director-corporate-board-paid-19587.h...
armSixtyFour 7y ago
Unemployable with millions of dollars to invest in whatever it is they want. It's not all roses, but it's not as if their lives are over.