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.
VIDEO ON MSN MONEY
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.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] Equity indices closed out the month of August on a modestly higher note. The Russell 2000 (+0.6%) and Nasdaq Composite (+0.5%) finished ahead of the S&P 500 (+0.3%), which extended its August gain to 3.8%. Blue chips lagged with the Dow Jones Industrial Average (+0.1%) spending the bulk of the session in the red.
The final week of August represented one of the quietest stretches for the stock market so far this year. The first four sessions of the week produced the ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'