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@lemmy.world
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    1 year 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@kbin.social
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      1 year ago

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

  • Cobrachicken@lemmy.world
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    1 year ago

    To make them go away before doing more damage although their contract is still valid for some years. Same with a messie as tenant, you essentially bribe them to go before they damage the flat even more.

  • yarr@lemmy.fmhy.ml
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    1 year ago

    Because there are also CEOs and similar executives that do NOT fuck up and make billions for their companies. Big risk, but big reward.