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Few CEO’s in the US are rewarded for longterm thinking when there are unsustainable quarterly gains to be made. GameStop also has a strange history, especially

Few CEO’s in the US are rewarded for longterm thinking when there are unsustainable quarterly gains to be made. GameStop also has a strange history, especially the last decade, that no one could possibly describe as “cautious” or “planning longterm.” I also can’t name a single CEO who had the mentality of “I’m rich enough to make personal/financial sacrifices for the good of the company.” That’s simply not how things work. I’m sure an example exists but it would clearly be an exception to the rule.

dgellow 6mo ago
Nintendo CEO cutting his salary in half to avoid firing employees https://www.cnbc.com/2024/02/13/nintendo-ceo-once-halved-salary-to-prevent-layoffs-why-thats-uncommon.html https://www.cnbc.com/2024/02/13/nintendo-ceo-once-halved-sal...
- Forgeties79 6mo ago
  Yes and it was 1) incredibly notable, 2) 13 years ago, 3) in another country, and 4) following one of their worst performing products ever. Iwata's (maybe voluntary) temporary pay cut was big news because of how exceptional it was.
  - dgellow 6mo ago
    I was giving you a name, given you said you cannot name one. I do not disagree it is an exception
    - Forgeties79 6mo ago
      “Few CEO’s in the US” was the context just for clarity
  - solumunus 6mo ago
    Ryan Cohen doesn’t even take a salary. I guess that’s extremely notable then?
    - Forgeties79 6mo ago
      As of a few months ago yes he does not take a salary anymore and he has actual skin in the game that could pay off in the tens of billions. Taking $0 is unusual but not unheard of (Musk I think does this too) and it’s very common for CEO’s to make $1mill (or even less) and have like…80%+ of their compensation tied to performance metrics/stock options. There are a lot of caveats to saying “he takes no salary.” It sounds nice on paper but he isn’t really doing something revolutionary here. He also has rather ambitious numbers to hit if what I’m reading is accurate, so it makes sense he’s taking massive swings like this. We’ll see if it happens, let alone pays off.
      - solumunus 6mo ago
        It's not "as of a few months ago", he has never taken a salary as GameStop CEO.
        Forgeties79 6mo ago
        You’re right I must’ve read incorrectly when I was looking this up. Either way the rest still stands, it didn’t hinge on how long he’d been taking a salary or not.
    - Forgeties79 6mo ago
      Is this extremely notable? https://www.cnbc.com/amp/2026/05/12/ebay-rejects-gamestops-takeover-ryan-cohen.html https://www.cnbc.com/amp/2026/05/12/ebay-rejects-gamestops-t...
deleted 6mo ago
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dgellow 6mo ago

Nintendo CEO cutting his salary in half to avoid firing employees https://www.cnbc.com/2024/02/13/nintendo-ceo-once-halved-salary-to-prevent-layoffs-why-thats-uncommon.html https://www.cnbc.com/2024/02/13/nintendo-ceo-once-halved-sal...

Forgeties79 6mo ago
Yes and it was 1) incredibly notable, 2) 13 years ago, 3) in another country, and 4) following one of their worst performing products ever. Iwata's (maybe voluntary) temporary pay cut was big news because of how exceptional it was.
- dgellow 6mo ago
  I was giving you a name, given you said you cannot name one. I do not disagree it is an exception
  - Forgeties79 6mo ago
    “Few CEO’s in the US” was the context just for clarity
- solumunus 6mo ago
  Ryan Cohen doesn’t even take a salary. I guess that’s extremely notable then?
  - Forgeties79 6mo ago
    As of a few months ago yes he does not take a salary anymore and he has actual skin in the game that could pay off in the tens of billions. Taking $0 is unusual but not unheard of (Musk I think does this too) and it’s very common for CEO’s to make $1mill (or even less) and have like…80%+ of their compensation tied to performance metrics/stock options. There are a lot of caveats to saying “he takes no salary.” It sounds nice on paper but he isn’t really doing something revolutionary here. He also has rather ambitious numbers to hit if what I’m reading is accurate, so it makes sense he’s taking massive swings like this. We’ll see if it happens, let alone pays off.
    - solumunus 6mo ago
      It's not "as of a few months ago", he has never taken a salary as GameStop CEO.
      - Forgeties79 6mo ago
        You’re right I must’ve read incorrectly when I was looking this up. Either way the rest still stands, it didn’t hinge on how long he’d been taking a salary or not.
  - Forgeties79 6mo ago
    Is this extremely notable? https://www.cnbc.com/amp/2026/05/12/ebay-rejects-gamestops-takeover-ryan-cohen.html https://www.cnbc.com/amp/2026/05/12/ebay-rejects-gamestops-t...

deleted 6mo ago

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