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Keyword is eventually. By then C-level would've been retired. Others in top management would've changed multiple jobs. IMO point is not where are these past to
by geodel 2y ago
Keyword is eventually. By then C-level would've been retired. Others in top management would've changed multiple jobs.
IMO point is not where are these past top companies now but where are top people in those companies now. I believe they end up being in very comfortable situation no matter which place.
Exceptions of course would be criminal prosecution, financial frauds etc.
- feoren 2y agoBingo! It's the Principal Agent Problem. People focus too much on why companies do X and companies do Y, it's bad in the long term. The long term doesn't exist. No decision maker at these public companies gives a rat's ass about "the long term", because their goal is to parasitize from the company and fly off to another host before the damage they did becomes apparent. And they are very good at it: it's literally all they do. It's their entire profession.