Well they did it again! SC and MH at the very top of Fast Company’s most overpaid CEO list. The F:ing greedy, selfish swine that they are!
Get paid a lot, deliver no value.
13 replies (most recent on top)
Right on, LE will run the company into the ground rather than hire somebody competent to run it. That’s what egomaniacs do!
Absolutely right
Right on, LE will run the company into the ground rather than hire somebody competent to run it. That’s what egomaniacs do!
Like the theory that LE needs two so neither one can become too powerful. LE has severe ego problems. I'm sure he's still running everything.
The reason there are two CEOs is because LE can't handle having someone else challenge him. LE realized this when Ray Lane was seen as the reason for Oracle's turnaround and was getting accolades and growing in power, but the he suddenly was gone. From that point forward, there have always been dueling co-presidents/co-CEOs as it allows LE to keep either of them from becoming too powerful.
Having to overpay each of them is likely the sacrifice LE is willing to make in order to keep his ego intact and to bribe the co-CEOs to have a title, but not the power that is supposed to come with it.
The crazy compensation for the 3 stooges is the main reason I have never participated in the Employee share purchase program. The execs can't loose as options provide the flexibility of cashing in big time if the shares are up or just walking away if they don't.
Check out how awsome Salesforce is doing with half as many CEOs as we have! Their ONE CEO costs less than EITHER of our TWO CEOs! And what about our ridiculously overpaid CTO?!
I think you mean 3 ceos
Having two CEOs is an admission of how useless and incompetent each of them is. The number of companies with two excessively compensated CEOs can be counted on the fingers of less than one hand. Just goes to show what a total imbecile LE is and how the BoD is totally in his pocket. No independent board with any brains would ever agree to two overcompensated CEOs, but Oracle’s does.
That's not jealousy, just acknowledgment of the incredibly stupid management at Oracle that would actually pay for TWO CEOs.
Sounds like a lot of jealousy out there
Double The stupidity to pay both if them.
Overpaid and underworked
And there's TWO of them. Oracle pays DOUBLE for CEOs.