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Posts: 162
In response to
"
The exodus from capped to non-capped positions will be starting soon.
"
by
Strongbad
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.
Posted by
The Coraline Cat Coalition (aka seandunham)
Feb 6 '09, 11:39
Any board that does should be sued by the shareholders.
Responses:
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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