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View Diary: No, high CEO pay really doesn't lead to soaring stock returns (38 comments)

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  •  Shareholders need to get more assertive (1+ / 0-)
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    particularly institutional shareholders.

    In publicly traded companies, non-founder CEOs are employees - not even glorified employees, they literally are employees.

    It is time to start treating them that way - raises commensurate with how well they do, and shitcan their butts when they're not up to the job, no golden parachutes.

    Tired of seeing paid employees, who didn't make the investment risks, hollowing out all the value of a company in their stock options, and then leaving it in disgrace (with their millions in severance) when they can't do the job.

    I'm not talking about founder CEOs.... the Steve Jobs, Bill Gates, Warren Buffets of the world - these guys IMO are owed some deference and bring a lot of value to the table in that their entrepreneurial nature has been demonstrated.

    I'm talking about the paid vulture type.

    Rick Perry - the greatest scientist since Galileo!

    by Bobs Telecaster on Fri Jul 25, 2014 at 06:25:51 PM PDT

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