Time and again, we see CEOs and similar executives make horrible decisions that massively damage a company both financially and in terms of reputation and the perpetrator is forced to resign, yet receives so much money as a going away present you’d think they’re being rewarded for their fuck up. Why??

  • @derf82
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    English
    7211 months ago

    Because the people that set compensation is the board of directors, and they are composed of other executives. They want to set the precedent for themselves.

    • AttackBunny
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      fedilink
      311 months ago

      Also, they are all generally good friends, and want to make sure they keep the wealth “where it belongs”