• partial_accumen
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    161 day ago

    How many times will someone accept promotion into that position? I wouldn’t take Brian Thompson’s job for any amount of money right now, would you?

    I absolutely would take the job. I’d do it for a $1 salary even. I would have the power to make sure claims were approved, lower premiums on users, and call out the inequity of private healthcare from the top of the ivory tower. I’d be fired, but not before I was able to make some good happen.

    • @Serinus
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      131 day ago

      And, in the long term, that wouldn’t even be bad for line go up.

      Companies used to invest in their reputation, back when there was that 90% marginal income tax rate.

    • @notabot@lemm.ee
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      111 day ago

      That’s the thing, you wouldn’t have the power to do any of that before you were booted out. CEOs do have a lot of power over the board, and the board has power over the company. The net result is that if the CEO pushes too fast or too radically they get removed before any change occurs. As the poster above said, in situations like this the CEO is paid to be the fall guy; the people who wield the actual power are the board members and the large shareholders. The CEO deserves a chunk of the blame for being the face of the organisation and legitimizing it, but killing one, or even a few, off wont significantly change the direction these companies are headed in.

      • @FirstCircle@lemmy.ml
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        421 hours ago

        thrown off of a moving train

        It’s called “dying of an apparent suicide” and the authorities can find no sign of foul play. It’s so sad when this sort of thing happens. The company’s thoughts and prayers are with his family.

    • @octopus_ink@lemmy.ml
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      1 day ago

      Fair, but in the context of a company being willing to just replace CEOs every time they have to fire one (or especially when someone shows up to fire the CEO for them, Luigi-style), I think there’s a small number of cycles they would go through before logic would dictate that they need to conduct business differently.