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Yet, I have stock in companies whose stock massively increased after a new CEO. The stock never rose above a certain point for years, until the new CEO made it
by IncRnd 6y ago
Yet, I have stock in companies whose stock massively increased after a new CEO. The stock never rose above a certain point for years, until the new CEO made it drastically rise. The workers seemingly did nothing different, yet the CEO made tweaks here and there and crafted communications in specific ways.
A good CEO is absolutely invaluable.
- quadrangle 6y agoStock price ≠ productivity
- IncRnd 6y agoStock price = company value of a publicly traded company. A CEO differs from a General Manager. "A chief executive officer (CEO) is the highest-ranking executive in a company, whose primary responsibilities include making major corporate decisions, managing the overall operations and resources of a company, acting as the main point of communication between the board of directors (the board) and corporate operations and being the public face of the company. A CEO is elected by the board and its shareholders." ~ https://www.investopedia.com/terms/c/ceo.asp https://www.investopedia.com/terms/c/ceo.asp "A general manager (GM) is in charge of part or all of a company's operations, including generating revenue and controlling costs." ~ https://www.investopedia.com/terms/g/general-manager.asp https://www.investopedia.com/terms/g/general-manager.asp