One interpretation is that senior leadership (e.g. CEO) matters a lot. But it flies against the idea that CEOs are overpaid. From a quick search, it looks like his total stock comp was ~$52m which was a bargain considering his departure cost the company billions. Perhaps he would not have left if he had a higher pay, more in line with the value the market ascribes to him.
However I imagine those that are upset about CEO pay will find this unconvincing. Is there any other way to interpret this?
How much of the drop do you think is due to the bearish nature of ceo departure? One would have to assume that if the company was going to go gangbusters the ceo would stay.
In short: is it this particular CEO who is that valuable? Should I pay 100m to some Joe off the street since I know they will stay put?
30m unvested at what price? If you think it’s going to 2x, then it’s worth 60m. Maybe zuck paid an unrealistic multiple - 20x, but out side of that still a bearish signal
bko · · focus · HN ↗
One interpretation is that senior leadership (e.g. CEO) matters a lot. But it flies against the idea that CEOs are overpaid. From a quick search, it looks like his total stock comp was ~$52m which was a bargain considering his departure cost the company billions. Perhaps he would not have left if he had a higher pay, more in line with the value the market ascribes to him.
However I imagine those that are upset about CEO pay will find this unconvincing. Is there any other way to interpret this?
AnthOlei · · focus · HN ↗
In short: is it this particular CEO who is that valuable? Should I pay 100m to some Joe off the street since I know they will stay put?
bko · · focus · HN ↗
CEOs leave all the time. Average tenure has dropped over the years suggesting a fierce competition for senior talent
AnthOlei · · focus · HN ↗