3 ms·
Typically the way it works is the comp structure is such that after a few years in the role you can semi-retire. The goal of anyone who is a CEO is to try thro
by tristor 3y ago
Typically the way it works is the comp structure is such that after a few years in the role you can semi-retire. The goal of anyone who is a CEO is to try throw their hat in the ring, hopefully do a good job, and then step away to help other people who want to be CEOs. Generally they do this by taking on board seats or becoming an investor. The average CEO tenure is 7 years and the median is 5 years[1]. This is not a job you can do for a long time without it basically killing you due to the stress.
I'm sure you've seen all the before/after pictures they always do for POTUS. If you saw similar photos for folks becoming CEOs of a major company, you'd see a similar change. Being a CEO is a job that will literally run you ragged. It destroys your health, and is not something most people can tolerate for longer than a decade.
[1]: https://corpgov.law.harvard.edu/2018/02/12/ceo-tenure-rates/ https://corpgov.law.harvard.edu/2018/02/12/ceo-tenure-rates/