How Should CEOs Deal with Trump?

One odd and compelling consequence of the Trump era has been the way it has affected, flummoxed, and exposed America’s corporate titans. A class of people who are accustomed to deference and are possessed of extraordinary self-confidence and agency hasn’t quite known how to react to the new regime.Ordinarily, CEOs can support GOP standard-bearers who…

10 top CEOs who earn salaries of less than $50,000

Taking only $1 in compensation has become something of a point of pride in Silicon Valley.”The dollar salary really for them is meant to signify that they have large stakes in their company. The value they’re going to receive — the compensation they’ll earn — is coming solely from their stock,” Aaron Boyd, director of…

PwC’s Strategy&: CEOs Increasingly Fired for Ethical Violations

VEA Vice Chair Nell Minow writes in Huffington Post: PwC’s Strategy& released its annual CEO Success Study on Sunday, May 14, 2017. This year’s study explores the rise in the number of CEOs at the world’s 2,500 largest companies who were dismissed from their posts due to ethical lapses. As companies like FOX, United, Wells…

Bloomberg Pay Index: Highest-Paid Executives for 2016

In a year when technology leaders again seized the top spots among America’s highest-paid executives, a scion of Goldman Sachs Group Inc. stood out.John S. Weinberg, 60, whose surname had been synonymous with the bank for decades, left as co-vice chairman in 2015. A year later he joined Evercore Partners Inc., reaping sign-on awards worth $124…

Why C.E.O.s Are Getting Fired More – The New Yorker

James Surowiecki writes in the New Yorker: Business professors once talked about “the imperial C.E.O.,” but, increasingly, we’re in the era of what Marcel Kahan, a law professor at N.Y.U., calls “the embattled C.E.O.” He told me, “Big shareholders and boards of directors have more power, and are more willing to use it. And C.E.O.s…

Coty Is Paying Elio Leoni Sceti $1.8 Million To Not Be CEO – Fortune

What happens when the person tapped to take over as your company’s CEO supposedly changes his mind at the last minute? Well, if you’re cosmetics company Coty, you pay him about a couple of million dollars. via Coty Is Paying Elio Leoni Sceti $1.8 Million To Not Be CEO – Fortune.

NETFLIX Founder Tells His Story

Netflix founder Reed Hastings has some very thoughtful comments on leadership and corporate culture.  Note that he understood from the beginning that their DVD strategy was going to become obsolete.