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I agree with this and I don't know why it's getting modded down. I can understand the CEO taking a huge pay cut, but how is one supposed to live off of $1/year
by drusenko 18y ago
I agree with this and I don't know why it's getting modded down. I can understand the CEO taking a huge pay cut, but how is one supposed to live off of $1/year without any other source of income?
- ALee 18y agoGenerally, those CEOs had a salary before they took their company public. You are compensated for your expenses though (food, travel, supplies, etc.). I agree with you D , pay cut makes sense, but not for an early stage startup CEO. Now outside executive on the other hand is different...
- drusenko 18y agoright, of course... i was talking about startup CEOs =)