Seems like every week the corporate communications is telling me to “welcome” a new MD outside hire. Every time I see it I wonder how many experienced worker bees were given the boot to make room in the budget.
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Directors and Managing Directors brought in from the outside while the rest of us with the years of business knowledge remain at Vice Presidents and Senior Vice Presidents - been happening for over 10 years now - we get pulled in to share our knowledge with them. So it’s known that we have the knowledge just not ‘one of the chosen’ to be promoted for it.
More clueless “leaders” who don’t actually understand anything…..don’t we have plenty of throes here already ?
Well, our new chief innovation officer Carolyn with her obese salary, super obese bonus and stock award for signing costs around $7M a year. So thats around 55 to 1 on an average experienced technician. Then there are the hidden costs of what she does and causes in here.
Yes, we have a mighty plethora of Grand Dukes, Duchesses, Viscountesses and Field Marshals. And soon they will count Eliza and Indian commoners as their subjects.