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If Ryan Cohen took a salary in that leauge the bear thesis would still be alive and the turnaround of GameStop might never happen (or be significantly delayed). My executive chairman has other plans 🙌

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[-] senoro@lemmy.ml 1 points 1 year ago

I’m not saying they are at the mercy of their job, how can you be when you have a hundred million dollars. My argument is that CEOs aren’t payed on the same principal that a regular employee is paid, they are paid like a business tool rather than an employee, as if they are some object that generates profit. And I’m sure it helps to be on good terms with powerful people, and being the CEO of a fortune 500 company would make you a powerful person too. But ultimately a CEO is paid according to the value they bring to the company and for that reason alone.

this post was submitted on 20 Sep 2023
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