this post was submitted on 09 Oct 2023
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Tell me again why these hacks get paid so much for "taking risks" when they never end up being fired? I have not seen a single CEO officially fired from a company for driving it into the ground. They always "choose" to retire after fucking up the entire thing and collect a fat paycheck for doing so.
Once you slightly climb the career ladder, vocabulary turns into marketing bs. Suddenly you most not say "problem" anymore. They're "opportunities" or "challenges". So at that level you don't get "fired" because that would sound bad for the next company you're going with. You're looking for new challenges elsewhere. Leaving behind a dumpster fire like in this very case.
I mean with a company that big, they can just google you to see what you messed up
At that level cronyism is rife and merit is secondary to connections.
As long as he doesn't have a big black spot on his CV, his mates can keep doing him favours using the resources of the companies in which they're board members or similar and he will keep on doing favours to them in the same way.
It's not by chance that in that environment there is a web were the CEOs of some companies are board members in other companies, whose CEOs are board members of the first company - or in other words "I scratch your back, you scratch my back".