Reply to post: And again...

Gates and Ballmer NOT ON SPEAKING TERMS – report

Eric Olson

And again...

We have an example of a large company succeeding despite the CEO's best efforts. While I don't begrudge the wealth, I do have to wonder if there will ever come a time that shareholders realize it is not in their best interest to allow the C-suite folks the ability to set compensation packages based on what the CEO across the street got.

Very few CEOs provide value that is even a fraction of the wage + benefit + retirement package they get. And the few who do are usually founders or key contributors who have been in from the ground floor and likely are still significant shareholders, meaning they are both invested in the continued success of the company and are compensated handsomely by said success (or pantsed by its utter failure).

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2019