ST Alpha - "The exodus from capped to non-capped positions will be starting soon." (Reading a Post)

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Posts: 162

In response to "He is of course wrong about one thing...the needing the high pay to keep good execs" by The Coraline Cat Coalition

The exodus from capped to non-capped positions will be starting soon.

Posted by Strongbad (aka Rambler14) Feb 6 '09, 11:36

We'll see if your theory is correct when the new folks take over.

Responses:

You think a non-capped company would hire one of the failed CEO? If so, there is much more wrong with the corporate culture than we've discussed. - The Coraline Cat Coalition Feb 6, 11:39 6
- You think some of the failed CEO's have a pretty strong resume up until this point? - Strongbad Feb 6, 11:41 5
  - but most of that "profit" was illusory to begin with, which is why they're taking all these losses now. -- nm - znufrii Feb 6, 11:42 3
    - and like the Fiorino oped said the other day, it is that company's board that sets the expectation and determines if it was delivered upon. -- nm - TFox Feb 6, 11:45 1
      - so more importantly than capping executive pay, we need to overhaul the Board of Directors and hold them more accountable for their companies' results -- nm - znufrii Feb 6, 11:46
    - of course, that doesn't mean companies won't still be lining up around the block to hire them. -- nm - znufrii Feb 6, 11:44
  - It's not 1 f-up when you built the system. -- nm - Reagen Feb 6, 11:41

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