If you're a company in desperate need of a turn around, you're not going to have a lot of luck in finding a great CEO unless you offer a competitive compensation package and a guaranteed payout.
That's why you see failing companies' CEOs walk away with big packages. They won't get a good CEO unless they offer comp comparable to other companies they could work for.
If you're a company in desperate need of a turn around, you're not going to have a lot of luck in finding a great CEO unless you offer a competitive compensation package and a guaranteed payout.
That's why you see failing companies' CEOs walk away with big packages. They won't get a good CEO unless they offer comp comparable to other companies they could work for.