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Sure, I don't mean anyone willing to take the job, I mean anyone the board might reasonably select who has a good chance of success. Surely those people are out
by oh_sigh 3y ago
Sure, I don't mean anyone willing to take the job, I mean anyone the board might reasonably select who has a good chance of success. Surely those people are out there.
In that same time frame that Sundar was CEO and GOOG stock is up 240%, META is up 160%, NFLX is up 220%, AMZN is up 325%, AAPL is up 500%, and MSFT is up 600%. Surely these giant tech companies didn't all get lucky and get the only 5 people who could get great growth numbers from the stock market.
- sokoloff 3y agoShareholders want to avoid CEOs who will give them the returns of IBM, Cisco, VMWare, HP, or Groupon. It's not about the idea that only these specific 5 people could have generated those returns. But when they are generating those returns, there's ample support from the board and shareholders to pay them handsomely to generate returns like the list of companies you gave and not the list that I gave here.
- listenallyall 3y agoA zero-raise policy, if its reasonably long-term, is likely to leave you stuck with the type of employees at IBM and the others. Maybe not the CEO but the rest.