John P.

One Mans Blog

Specialization is for Insects.

Proof CEOs Make Too Much Money

High CEO PayIn olden times, that is to say pre-Internet, a businessman’s dream was to one day grow up to lead a company as President or CEO into a new era of growth and profitability. Well, not any more. Now, the dream is simply to become the CEO so that you can have an enormous, unchecked compensation package.

A new study jointly issued by professors at Harvard, Yale and INSEAD demonstrates that CEOs with the most outrageous compensation packages, relative to the other company executives, are associated with companies that under-perform.
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A Few Good Expenses

A Few Good ExpensesHere’s a little parody, courtesy of Jimbo, of A Few Good Men that is just too funny not to share.

It reminds me of my old days at SAVVIS for two reasons. First, I used to head up sales… but more importantly our CEO, Rob McCormick, was later involved in the scandal about spending $250k in one night at a strip club.

Yeah… he got fired.
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