4 ms·

What I don't understand is the compensation. It is multiples and multiples of anything any similar company pays, albeit complicated by the fact that most simila

by apercu 3y ago

What I don't understand is the compensation. It is multiples and multiples of anything any similar company pays, albeit complicated by the fact that most similar companies are public and while CEO pay might _only_ be limited to a few million annually, there's usually millions in stock grants. I wonder if that was his play, but, again, it should have been equity. I don't care who you are, the odds of you having an impact versus someone else to the tune of hundreds of millions of dollars a year are miniscule. Good for you if you get to join the club, I guess. But if we have learned anything the last few decades (Musk, Welch, Fiorina, Schwartz, Lay, Ebbers) is that the louder they are the more likely they believe their own legend and screw up. We don't like Jobs around here, but he's maybe the last CEO that was probably worth the hundreds of millions/billions. My perspective (due to my job) is probably different than a lot of peoples, I see leadership failures all day every day.

therealdrag0 3y ago
You don’t think Cook or Nadella are worth it?
- apercu 3y ago
  Isn't Cook going to make something like ~$65m this year? That's half of the Reddits CEO. And Tim Apple (kidding) is a logistics expert who has done an excellent job stewarding Apple. He's fairly impressive. I think Nadella's comp is similar. Look, it's not my job on this planet to decide what people should make. But I do think the vast majority of CEO's lack vision, true leadership skills, etc. We can point to a few exceptions at the largest companies, but there are millions of CEOs. Hell, Musk proves the point for us, supposedly CEO is is the hardest, most challenging and unforgiving job there is, yet somehow that clown is CEO/president/chief architect of 5 or 6 companies (and he spends more time on social media in a day than I do in a month, and I'm only running one very very small firm).

by apercu 3y ago

therealdrag0 3y ago

You don’t think Cook or Nadella are worth it?

apercu 3y ago
Isn't Cook going to make something like ~$65m this year? That's half of the Reddits CEO. And Tim Apple (kidding) is a logistics expert who has done an excellent job stewarding Apple. He's fairly impressive. I think Nadella's comp is similar. Look, it's not my job on this planet to decide what people should make. But I do think the vast majority of CEO's lack vision, true leadership skills, etc. We can point to a few exceptions at the largest companies, but there are millions of CEOs. Hell, Musk proves the point for us, supposedly CEO is is the hardest, most challenging and unforgiving job there is, yet somehow that clown is CEO/president/chief architect of 5 or 6 companies (and he spends more time on social media in a day than I do in a month, and I'm only running one very very small firm).