... He has made his money so if Cisco fails no biggie he is set for life. ...
The problem with making as much money as our CEO does, once you start living the lifestyle he apparently does judging by the famous people in his Rolodex, you can't survive when your income suddenly ends and you have to live off your investments/savings.
How many athletes & singers end up broke after making millions at the peak of their careers?
But I will be the first to say that there's something wrong with a capitalist system where the top make more in a day than the average worker in their company make in a year. Some of these 1%'ers make more in an hour than we make in a year. It ain't right.
I could see them making the yuuuge bucks if they bore the risks when they make the wrong decisions and it costs them. Instead, they can make mistakes and cost the company millions or billions of $'s and they lose a small percentage of their BONUS, but they still get their outrageous pay and get their golden parachutes to leave when they fail.