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>An employer is just the employee of next the customer up the chain Well that customer must be a real moron to pay so much money for a CEO, which apparently th
by bobkazamakis 4y ago
>An employer is just the employee of next the customer up the chain
Well that customer must be a real moron to pay so much money for a CEO, which apparently they pay more money than they spend on whatever the actual product is.
- randomdata 4y agoThe CEO is the employee of the board, so the board may be moronic, but they also need someone they can trust deeply. That is why they aren't afraid to spend a lot to secure the one they do trust. Almost nobody on earth has established that kind of trust with the board, so the pickings are slim. Basic supply and demand, as always. The board works for the shareholders. The shareholders are the employee of the next customer in line.