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At least the article mentions that it is contingent on bonus targets. All too often articles skip that and say "Y was paid $$$". Notably, go look at Intel's Pa
by BeetleB 8mo ago
At least the article mentions that it is contingent on bonus targets. All too often articles skip that and say "Y was paid $$$".
Notably, go look at Intel's Pat Gelsinger. Prior to his firing, lots of articles talking about how he was one of the highest paid CEOs (citing numbers in excess of $150M). They'd fail to mention that it was over several years and only if he met targets.
Well, he didn't meet those targets. His actual compensation was about $10M/year.
- mitthrowaway2 8mo ago[flagged]
- bombcar 8mo agoI'm willing to fail as Intel's CEO for the low, low cost of $5m/year, and I can get it done in a year.
- computomatic 8mo agoSorry, we’re only considering applicants with a proven track record of failing as CEO
- danillonunes 8mo agoCan't risk hiring an amateur and he accidently succeeded.
- fuzztester 8mo agoI've heard it's called falling, er, failing upwards.
- ryandrake 8mo agoI'll do it for $1m/year. Come on, shareholders, you could save a fortune.
- deleted 8mo ago[deleted]
- philipallstar 8mo agoIf someone's actually willing to pay that for you, you should take the job. If no one is, then you are not even as good as Pat Gelsinger when he doesn't meet his objectives.
- HiPhish 8mo agoI'd do it for free, just for the lulz.