5 least-valuable CEOs (and 6 MVPs)
Here's a simple standard for a CEO's worth: What is he paid compared with what his company is worth to shareholders? Here are the most- and least-valuable CEOs.
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The higher I rose in my old company the more I got to see these CEO types. In my younger naive days I was taught to repect them because they must be smarter than the rest of us. When I got to sit in the room with them my opinion changed. While the entrepreneurs who start companies tend to have vision and passion for the company, those that follow are political users who manipulate their way to the top and eliminate all of their possible rivals. Picture the Tv show "Survivor" in an office setting. Once in the club they load the board with other cronies that are also in the club and set up crazy compensation packages and golden parachutes. I wouldn't trust them to run a lemonade stand on their own.
The two that I worked most closely with reminded me of playground bullies. It's amazing how patterns established in childhood can hold true for life. Compared to most people they were arrogant, aggressive, childish, and totally self centered. They tend to do well in environments where they can push other people around. On their own, they are worthless.
I know of know so called "professional managers" who suck their way into becoming CEO"S that are successful. All have only talked BS and did the so called cut cost scenario to achieve short term solutions. None have or know how to grow their business. It is a rotten shame of what has happened to our companies with these losers. Of course "Wall Street" has helped put these losers in the position of CEO's because they can control these monkey's a lot easier than trying to control a person like a Steve Jobs.
Bottom line, the only real good CEO's are the ones that created and started their own companies all the rest have been and are today a bunch of "suck ---" idiots.
The guy that starts the company is worth the bucks (ie Stephen Jobs). The guys that come after are the idiot sons of business. They leach off of the ideas of others, get to the top, and burn the ladder.
When they screw up, as they usually do, they get a golden parachute.The common man
would have to work centuries to make the money they make in one year.
'Valuable CEO' Isn't that one of those oxygen-morons?
Most of these stuffed shirts are experts at one thing: brown-nosing.
Very poor comparision like others have mentioned. But the best one in my eyes is the Costco guy, he's probably underpaid but I'm sure his stock is worth a fortune.
Management is its own union. They get a pension for the rest of their lives. They get benefits for their whole life. But they make the workers and public believe that unions are bad and they drive their costs up. $11.9 million didnt drive prices up any but $10 an hour over $8 certainly makes a huge deal.
We need more unions in this country and fight against this excessive exec pay that is out of control. Get the people that deserve the money the pay they should get. The workers. Not the managers that do nothing and run companies into the ground.
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