- Joined
- Apr 14, 2008
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- Huntsville, AL (USA)
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The problem is you're not listening. If the company's not making money due to the CEO's incompetence, how can that be making the shareholders money?
I think everyone who's making that same argument needs to really listen to what people such as you and I are saying here. It's not that we don't think CEOs should not be paid. In the end, they are employees, too. They were hired to do a job - lead their company to profitability. But it is clear using the two examples I've provided - HP and Johnson & Johnson - that did not happen. As such, IMHO, neither of these CEOs deserve the severage packages they walked away with because not only did their companies lose money under their leadership, but they cost employees their jobs while also walking away with millions for their mismanagement.