3 ms·
I just can't believe that the COO of an extremely successful company like Lulu Lemon (LULO market cap $30B) would make the jump to a suitcase marketing company?
by angry_octet 7y ago
I just can't believe that the COO of an extremely successful company like Lulu Lemon (LULO market cap $30B) would make the jump to a suitcase marketing company? How many suitcases do you buy in a decade? Seems like a demotion.
- omarhaneef 7y agoI don't have too many data points, but of the ones I do have, I think the vast majority of C-level executives covet the CEO spot. I think they would love to get in the seat to show what they can do. You would have to look at the compensation packages, as well, but emotionally I am sure there were many people who wanted a chance at the saddle.
- blaser-waffle 7y agoBe the COO and get a cut of the earnings and some stock, or be the CEO and get a larger cut, and the ability to lead the show? Plus she could have been failing out of the COO role, or things were struggling / on-fire, and now that she's milked the role for all it's worth it was time to flee.