Thread: The Dollar CEOs
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Old 12-02-2008, 01:39 PM   #9
GTAHVIT
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Quote:
Originally Posted by diarmadhi View Post
/off topic
Not to bring politics into but just as an example.. Janet Napalitano (Arizona gov, just announced as chair of homeland security) refused any pay raises and only makes something like 60-70k a year, and has since she took office (don't remember how long but something like 10 years).
/off topic

Beside that point.. I have always believed a CEO's salary should mirror the companies bottom line(net profit) for after all they are responsible for the entire company.

stockholders and management of companies have been looking for the wrong things in CEO's for decades now.. they aren't looking for profits like they should be, they are looking at growth (assuming growth = profits, which is untrue). The whole point of a business is to make money.. NOT to outgrow your market which WAY to many businesses have done.
That's great, and good for her. But not the same as working for 1$ to get a loan when the government is throwing billions at banks.
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