If Ryan Cohen took a salary in that leauge the bear thesis would still be alive and the turnaround of GameStop might never happen (or be significantly delayed). My executive chairman has other plans 🙌
No, they should be paid wages like everybody else, and also hired and fired like everybody else. The idea that a CEO is some kind of special superstar with talents nobody else have is ridiculous. The current situation is a scheme to help keep the 1% in the 1%.
Absolutely not, the wages for most CEOs are almost irrelevant, the major income for most is from stock, where they are regularly given stock, and have cheap stock options on top of that.
What I’m stating is that they should be paid according to their actual skill set, like other workers. That is according to their education and experience. And not fantastic amounts hundreds or even thousands times more than normal workers. There is no way one person can realistically be worth 100 times a normal worker. CEO is not a unique skillset, which is evident from the fact that most CEOs come from sales. The same place you also get your best con men. Sorry I hope no offense to hardworking salespeople out there.
Top 20 CEO pay in the S&P 500 is disgusting ( www.visualcapitalist.com )
If Ryan Cohen took a salary in that leauge the bear thesis would still be alive and the turnaround of GameStop might never happen (or be significantly delayed). My executive chairman has other plans 🙌