#executive_compensation — Public Fediverse posts

CEOs, and their cronies, were well paid decades ago. As their greed about their pay got to be unethical Peter Drucker started to speak out against their #ethical failures. As those abuses became more extreme he increased his objections.

What Peter Drucker railed against was minor compared to the ethical meltdowns we allow in those serving in executive positions today...

https://management.curiouscatblog.net/2014/03/10/kleptocrat-ceos-and-their-apologists/

#management #Leadership #executive_compensation #executive_pay #respect_for_people

"Too often, #executive_compensation in the U.S. is ridiculously out of line with performance. That won’t change, moreover, because the deck is stacked against investors when it comes to the CEO’s pay. The upshot is that a mediocre-or-worse CEO –aided by his handpicked VP of human relations and a consultant from the ever-accommodating firm of Ratchet, Ratchet and Bingo –all too often receives gobs of money from an ill-designed #compensation arrangement..."

Warren Buffett

https://management.curiouscatblog.net/2006/03/06/warren-buffetts-shareholder-letter/