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« JLP’s Weekly Roundup (Week of November 5, 2007) | Main | A Review of Jeffrey Gitomer’s “The Little Platinum Book of CHA-CHING” »

“Bad” CEOs Who Walked Away Rich

By JLP | November 12, 2007

I found Bad CEOs Who Walked Away Rich on the MSN homepage this morning. I thought this article was timely given that I wrote a short blurb about this very topic last week.

One thing that bugs me about the MSN piece is that the author includes Dick Grasso in her list of “bad” CEOs. That’s not true. Dick Grasso was a great CEO. The reason he got fired was because people made a big stink about his pay package. He didn’t get fired for underperformance like the other CEOs on the list did.

Here’s a look at some of the other names on the list:

CEO Exit Packages
Source: MSN.com

It is both crazy and sad how much we give to CEOs for underperformance!

Topics: Business News |