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I'm assuming it's a selection bias. If the CEO can retire absurdly wealthy in six months, and the VP of whatever can "only" retire in a couple years, then the V
by 6gvONxR4sf7o 3y ago
I'm assuming it's a selection bias. If the CEO can retire absurdly wealthy in six months, and the VP of whatever can "only" retire in a couple years, then the VP is probably going to retire before they reach the C-suite. The only people left to get promoted to the C-suite are the ones for whom it's a type A lifestyle or something.
Likewise if Zuck had been content selling to google and retiring to an island or wherever, he probably wouldn't have become a name we all still know.
- warner25 3y agoI think you're right (regarding why nobody seems to retire after six months of CEO-level compensation). I mentioned military flag officers because that's the world that I know best. Most career military officers have no interest in becoming the Chairman of the Joint Chiefs or whatever; they're perfectly content with a normal, middle-class retirement as a lieutenant colonel long before they would become any kind of powerful public figure. So the only people who remain on track competing to become generals or admirals are already kind of weird in this way.