Comments
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.
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.
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.
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.
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.
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.
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.
mpouraryan
6/22/2017 2:51:24 PM
User Rank Platinum
Re: CEOs Blame
Yahoo's decline is a test case of what "not to do"..We need to remember We used to say "Yahoo" before we know say "google" right? Yahoo forgot its' mission--but Google hasn't despite its' foray into driverless cars/etc.--the mission remains the same--as for instance with its' foray now into Jobs (which I think entities like Glassdoor/etc. should be concered about)....
mpouraryan
6/22/2017 2:53:54 PM
User Rank Platinum
Re: Yahoo CEO Exits
There is no question the "seeds of decline" were set long before Marissa Meyer came on board--some of their forays (for instance Tumblr) was an interesting move--I still have a Tumblr blog, for instance-and have my account on Flickr--Yahoo will endure under Oath and I am sure Tim Armstrong will intergrate it all with his penachat for automation>
mpouraryan
6/22/2017 4:30:40 PM
User Rank Platinum
Re: Yahoo CEO Exits
She tried to be "Google" in some ways--and there can only be one Google--just like there is one Facebook. Let's see what Verizon does now with its' 50+ properties out there. It will be interesting--needless to say :)
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