What a disappointment this forum is

[jomar]

Boeing’s CEO resigned. The majority of CEOs are up to the job. Boeing’s situation is an exception not the rule. Quality control is the ever present headache that CEOs worry constantly about.

As he should have. The point being a bit twofold. YDB95 pointed out that CEOs paid far more than employees aren’t a guarantee of excellent steerage. And to your point about quality control being an issue at Boeing, that is correct and you can trace that directly back to when safety conscious Boeing bought McDonnell Douglas and the MD CEO was appointed CEO of the merged companies (that retained the Boeing name) and the company started paying attention to creating shareholder value at the expense of safety, and over time here we are. And an industry like that safety cannot take a backseat to anything, which falls on the culture and goals the CEO sets.

I’m sure some CEOs are worth a lot of money and have the expertise to navigate a company out of danger, but on the whole, I doubt most are worth those soaring salaries. So I wouldn’t say Boeing is the exception, it’s more like the most glaring example.

 

[Lazaran]

Boeing’s CEO resigned. The majority of CEOs are up to the job. Boeing’s situation is an exception not the rule. Quality control is the ever present headache that CEOs worry constantly about.

^
(Quoted for posterity and stupidity)

ineedhelp1 need look no further than their orange messiah’s CEO for another reason CEO’s pay is waaaaaay out of line. - Many are common criminals, and very likely affiliated with organized crime.



This is just a short list of CEOs that have been convicted of a financial crime:

https://www.nbcnews.com/business/markets/10-ceos-who-went-boardroom-cell-block-flna783944



And remember, not a single CEO responsible for the 2008 financial crisis was criminally prosecuted for "reasons":

https://www.washingtonpost.com/news...cuted-for-their-role-in-the-financial-crisis/



So, yeah, CEOs pay is waaaaaay out of line for maaaaaany reasons.



JFC

SAD!!!

 

[Rightguide]

As he should have. The point being a bit twofold. YDB95 pointed out that CEOs paid far more than employees aren’t a guarantee of excellent steerage.

This why DEI hires fail as well as Woke.

 

[icanhelp1]

As he should have. The point being a bit twofold. YDB95 pointed out that CEOs paid far more than employees aren’t a guarantee of excellent steerage. And to your point about quality control being an issue at Boeing, that is correct and you can trace that directly back to when safety conscious Boeing bought McDonnell Douglas and the MD CEO was appointed CEO of the merged companies (that retained the Boeing name) and the company started paying attention to creating shareholder value at the expense of safety, and over time here we are. And an industry like that safety cannot take a backseat to anything, which falls on the culture and goals the CEO sets.

I’m sure some CEOs are worth a lot of money and have the expertise to navigate a company out of danger, but on the whole, I doubt most are worth those soaring salaries. So I wouldn’t say Boeing is the exception, it’s more like the most glaring example.

Perhaps educate yourself using this article as a kind of tutorial explaining how exec compensation works, when you’re done pass it on.


https://www.equilar.com/knowledge-center.html

What is Executive Compensation?
Executives are compensated strategically to encourage them to drive results. The majority of executive pay is typically linked to performance measures as a way of aligning executive and company incentives. Therefore, if a company does not meet the goals and expectations set by the board and executive teams, the executives receive a smaller portion of their potential pay. If a company performs better than anticipated, executives may also receive a payout exceeding the target level set by the company.

With so many moving parts, pay packages should be tailored to the individual executive, position and company. Therefore, it is important to understand how the different components of an executive pay package interact and affect overall compensation. Compensation packages for executives are generally split between cash components and equity, which includes stock, units and options. Executive pay is often structured in a way that rewards both individual and company performance, in order to encourage executives to create shareholder value.

 

[jomar]

Perhaps educate yourself using this article as a kind of tutorial explaining how exec compensation works, when you’re done pass it on.

Nice snark try, but weak and uninspired. You can do better.

https://www.equilar.com/knowledge-center.html

What is Executive Compensation?
Executives are compensated strategically to encourage them to drive results. The majority of executive pay is typically linked to performance measures as a way of aligning executive and company incentives. Therefore, if a company does not meet the goals and expectations set by the board and executive teams, the executives receive a smaller portion of their potential pay. If a company performs better than anticipated, executives may also receive a payout exceeding the target level set by the company.

With so many moving parts, pay packages should be tailored to the individual executive, position and company. Therefore, it is important to understand how the different components of an executive pay package interact and affect overall compensation. Compensation packages for executives are generally split between cash components and equity, which includes stock, units and options. Executive pay is often structured in a way that rewards both individual and company performance, in order to encourage executives to create shareholder value.

Yes, everyone knows that. But it’s sorta beside the point of the discussion, unless you want to wander around some.

 

[RandyRebecca]

Is there anyone here that can discuss issues without personal attacks? Without calling each other names? Without calling all links misinformation?

So many potentially interesting and serious topics just die in the fire of abuse

Welcome to the crazed world of the big two parties in the US, who seek to crush all dissenting opinions, and still actually think that they can bully us into voting for them and thus supporting our own subjugation and oppression by propping up the status quo.

 

[icanhelp1]

Nice snark try, but weak and uninspired. You can do better.


Yes, everyone knows that. But it’s sorta beside the point of the discussion, unless you want to wander around some.

Apparently not everyone knows that. Not all CEOs make 1000 x janitorial compensation, arbitrarily picking numbers out of their ass doesn't make it so.

Lit Marxists are so anti-capitalist, so intent on wealth redistribution, tax the rich till it hurts.

Biden proudly promotes tax the rich, pay your fair share but yet his crime family evades paying taxes. Ball players make millions yet no complaints.

 

[jomar]

Apparently not everyone knows that. Not all CEOs make 1000 x janitorial compensation, arbitrarily picking numbers out of their ass doesn't make it so.

Lit Marxists are so anti-capitalist, so intent on wealth redistribution, tax the rich till it hurts.

Biden proudly promotes tax the rich, pay your fair share but yet his crime family evades paying taxes. Ball players make millions yet no complaints.

Annnd, we’re back on script

 

[Lazaran]

Annnd, we’re back on script

The teaspoon of oatmeal that passes for ineedhelp1’s gray matter lacks the processing power to achieve self-awareness.

Therefore:

Your comment will likely fly right over ineedhelp1’s teaspoon of oatmeal.



ineedhelp1

 

[ExxWhyZee]

IT JUST GETS WORSE. NO ONE WANTS TO THINK. EVERYONE WANTS TO ATTACK THE OTHER. REAL ISSUES ARE THROWN OUT ONLY TO BE RIDICULED. SOURCES QUESTIONED. VIDEOS OF EVENTS SAID TO BE MADE UP. THE LIST IS ENDLESS AND A SHAMEFUL DISPLAY.

 

[BrightShinyGirl]

IT JUST GETS WORSE. NO ONE WANTS TO THINK. EVERYONE WANTS TO ATTACK THE OTHER. REAL ISSUES ARE THROWN OUT ONLY TO BE RIDICULED. SOURCES QUESTIONED. VIDEOS OF EVENTS SAID TO BE MADE UP. THE LIST IS ENDLESS AND A SHAMEFUL DISPLAY.

I think all on-street parking should be banned. Turn the reclaimed lanes into dedicated bus and bike routes.