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Shareholders 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
by sokoloff 4y ago
Shareholders 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 4y 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.