Compensating CEOs with stock grants has the side-effect that they aren't motivated to look too far beyond their time in the role. Short-term bumps in the stock

Compensating CEOs with stock grants has the side-effect that they aren't motivated to look too far beyond their time in the role. Short-term bumps in the stock price are good for them. Maybe locking up a portion of their stock grants for longer - say 5 years after they leave - is the solution. I don't know how many CEOs would sign up for that deal though. It means part of their compensation is effectively hostage to the next CEO.