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> But why should a CEO accept “a lot of money”, if elsewhere they can get 5x as much? Why should their CEO get any money and not a pink slip? Their mismanagem
by phone8675309 6y ago
> But why should a CEO accept “a lot of money”, if elsewhere they can get 5x as much?
Why should their CEO get any money and not a pink slip? Their mismanagement and financial games caused the company to have to lay off 250 people.
- mkr-hn 6y agoThe situation seems to create a paradox where any new CEO will expect that much or more to risk the career/reputation damage of not being able to save it if they take over.