4 ms·
There are CEOs that are truly world class and transform companies and provide tons of value and are worth many more times what their comp is. They are the excep
by skystarman 5y ago
There are CEOs that are truly world class and transform companies and provide tons of value and are worth many more times what their comp is. They are the exception not the rule though.
It's almost impossible to know if you've found the next Bob Iger, Nadella or a John Sculley when you hire them. Of course with hindsight you can point to certain things but it's hard in the moment.
And for the most part boards pay people based on their belief that they've found the next Iger, not pay them like s/he could nearly destroy the company like Sculley almost did with Apple.