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  • lobut@lemmy.ca
    16·
    2 months ago

    I know it’s not Matt’s fault and that he took over from the last guy.

    However, it’s true incompetence as to how this happened in the first place. CEOs are so overpaid and to fuck up that much and still walk away with like 45 million or something, it’s staggering.

    • halcyoncmdr@lemmy.worldEnglish
      10·
      2 months ago

      CEOs are just a scapegoat for the Board, especially at companies this large. That’s why their pay is structured the way it is.

      If ever you see only a CEO replaced, it’s indicative of a Board trying to ride out the storm until they can try to implement the same thing again.