I am not sure that this will work unless the company is considered a highly desirable place to work for. A prospective CEO might simply walk over to another com

I am not sure that this will work unless the company is considered a highly desirable place to work for. A prospective CEO might simply walk over to another company which has a more lucrative deal. So you might end up with people who are either desperate, or those who are highly able and see that as a challenge. The second might be very rare.