Can anyone do the job of a large corporation's CEO?
It seems that regardless of how they, the company, or stock performs, these executives rake in the 10's of millions in salaries and bonuses. Sometimes I wonder if you pulled any 15-year old kid off the street and made them the chief decision makers of large corporations like Home Depot, Countrywide, or Delta airlines, they couldn't do any worse that those overpaid CEOs.
Asked By: Tom S - 8/31/2007
Best Answer - Chosen by Asker
As an aspiring CEO (through the CFO ranks - which is harder to do than through the marketing/sales ranks) it is NOT easy to be a CEO... More
Answered By: djvcpa - 8/31/2007
Additional Answers (2)
It would seem that way. What has happened in some of these situations is that the CEOs tried to take the company in a new direction that the market did not want. They didn't necessarily do a poor job as CEO, but may not have had their team provide the necessary data to make the right decisions.
Answered By: d d - 8/31/2007
I don't think so.
Answered By: Suzy - 8/31/2007
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