On-the-road CEOs spell trouble

It's an odd but often telling indicator -- when the chief executive commutes a considerable distance instead of moving to where his company is headquartered, problems mount. But why?

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VIDEO ON MSN MONEY

2Comments
Jun 25, 2013 11:44PM
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True leaders put the needs of the organization first not the other way around.  These are a bunch of self important people who should not be allowed to lead these companies.  Unless they make a commitment to the company that pays their bills they should be paid one dollar and the rest of their compensation should be based on performance according to GAAP reporting standards after an independent audit.  If they don't measure up they should be let go just like any other employee!!!!
Jun 26, 2013 10:05AM
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The only people to have much to do with CEO's is the media and Wall Street - and they're the ones who decide if he/she is successful.  In the company?  Just a guy making an obscene amount of money with not a lot of useful skills.  A rule of thumb - the higher up someone is in a company, the less likely they can find a bathroom.  That's how useless they are.  If it's anything like my office, everything runs more smoothly when the moron is gone.

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