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elizabethv
elizabethv
6/22/2017 9:16:54 AM
User Rank
Platinum
Re: CEOs Blame
@freehe - that's an excellent point. Just because Mayer was at the helm when the company officially failed doesn't mean the blame should lay entirely at her feet. There very likely was little she could have done. Especially given the limited amount of time that she was CEO of the company. It's like inheriting a house that's already been condemned. 

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elizabethv
elizabethv
6/22/2017 9:08:48 AM
User Rank
Platinum
Re: Platinum Parachute
@freehe - I'm glad there are at least a few people out there who are voting to keep the wages of CEOs down. I think the bigger the company, the smaller the influence a CEO has on the company as a whole. There are always people in other positions making decisions about the company, it's all clockwork. And they really don't effect culture nearly as much as divisional managers tend to. It all tends to come down to a number of smaller "companies" that work as part of a larger corporation.

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Michelle
Michelle
6/21/2017 10:42:59 PM
User Rank
Platinum
Re: Yahoo CEO Exits
Yahoo developed so many problems it would have taken a miracle to save it. I kinda wonder if Mayer knew that and signed on anyway. I agree she might have believed she could be the one to save the aging company. 

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freehe
freehe
6/21/2017 9:16:04 PM
User Rank
Platinum
Re: Yahoo CEO Exits
@elizabethtv. Good point. I was thinking the same thing. The things that kept at Yahoo - pride and salary.

CEOs that are fired can always find another job as CEO as another company. CEOs just get recycled and move from one company to the next.

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freehe
freehe
6/21/2017 9:13:12 PM
User Rank
Platinum
CEOs Blame
@DHagar, I agree. CEOs always get blamed when a company starts to decline. However, in some cases the decline of a company could have started prior to hiring that CEO and may take several years to address all the major issues especially since the CEO does not have carte blanche and must get input from the Board Members.

 

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freehe
freehe
6/21/2017 9:13:11 PM
User Rank
Platinum
CEOs Blame
CEOs always get blamed when a company starts to decline. However, in some cases the decline of a company could have started prior to hiring that CEO and may take several years to address all the major issues especially since the CEO does not have carte blanche and must get input from the Board Members.

 

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freehe
freehe
6/21/2017 8:09:59 PM
User Rank
Platinum
Platinum Parachute
I am a shareholder for a few companies such as Apple, Verizon and Target. I get to vote yearly on companies issues. One of the issue that most companies get input from shareholders on is executive compensation and parachute plans. I always vote for the lower package, perks and benefits.

CEOs don't really work hard to deserve platinum parachute packages. All of the employees below them work hard and provide the information that the CEO needs to make decisions - good or bad.

 

 

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DHagar
DHagar
6/21/2017 6:02:53 PM
User Rank
Platinum
Re: Yahoo CEO Exits
@Michelle, I agree with you.  She was viewed as a capable executive.  But Yahoo had a long long way to climb back in order to become competitive.  It is no longer enough to just be in the game, you have to remain competitive and continue to reinvent yourself - in a time period that enables you to transition.  They threw her the ball late in the game.

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DHagar
DHagar
6/21/2017 6:00:13 PM
User Rank
Platinum
Re: Yahoo CEO Exits
@elizabethv, I do think she tried and believed that her efforts and acquisitions would work.  I don't believe she sat by and just watched the ship sink.

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DHagar
DHagar
6/21/2017 5:58:47 PM
User Rank
Platinum
Re: Yahoo didn't have a Steve Jobs...
@elizabethv, great thoughts.  Yes, networking is key and becoming a growing influence on how we socially and professionally function and operate in an ever changing world.

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