this post was submitted on 12 Sep 2024
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[โ€“] halcyoncmdr@lemmy.world 10 points 2 months ago* (last edited 2 months ago) (1 children)

CEOs are just a scapegoat for the Board, especially at companies this large. That's why their pay is structured the way it is.

If ever you see only a CEO replaced, it's indicative of a Board trying to ride out the storm until they can try to implement the same thing again.

[โ€“] mikezane@lemmy.world 9 points 2 months ago

Man, they could make me the scapegoat for like $500,000. Such a savings.