this post was submitted on 08 Aug 2024
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Maybe they can stop paying the next CEO 7 million
Maybe that CEO will also quit, because other companies offer them a higher salary.
It's so easy to say they should just pay their CEO less. I mean, I get it, it's a ridiculous amount of money that no one needs. But few people, who are qualified for that job, will just do it out of the goodness of their hearts for a salary far below industry standards.
This is predicated on the assumption that a CEOs skill is directly related to their salary.
This may or may not be the case.
CEOs do nothing. They rake in millions, and hire advisors to tell them what to do
Then go be a CEO
When did I say I want to be a parasite? I want to abolish CEOs, not become one of them