If that were the case, they’d have off’d the CEO themselves. That’s multi-millions that could go back to other higher-ups. Then we have a Highlander situation.
The CEO serves a very important role in that they get all the fallout for what the board probably wants, and then if there’s enough bad publicity, they can fire the CEO and pretend that the CEO acted entirely out of their own volition.
I mean that’s not to say they’re not greedy bloodsuckers, but they’re greedy bloodsuckers that the board needs. Because the board are even bigger greedy bloodsuckers and want to stay out of the news.
If course, the board can also play innocent in any bad decisions, because they can just say “It’s what the shareholders want!” or “It’s what the consultants told us!”
Why? “Line must go up”
If that were the case, they’d have off’d the CEO themselves. That’s multi-millions that could go back to other higher-ups. Then we have a Highlander situation.
The CEO serves a very important role in that they get all the fallout for what the board probably wants, and then if there’s enough bad publicity, they can fire the CEO and pretend that the CEO acted entirely out of their own volition.
I mean that’s not to say they’re not greedy bloodsuckers, but they’re greedy bloodsuckers that the board needs. Because the board are even bigger greedy bloodsuckers and want to stay out of the news.
If course, the board can also play innocent in any bad decisions, because they can just say “It’s what the shareholders want!” or “It’s what the consultants told us!”
One less golden parachute. More for the rest.