What a scam these external hire executives and board members are running. They come in and ra-e the company for short term gains. Get their money before the long term damage is seen and then abandon the burning dumpster fire they have created before it explodes.
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The biggest scam was when EM paid an $8 million signing bonus for an accountant at a distillery to become CFO.
How has that new hire contributed even a fraction of that value?
The OP has obviously no clue how our executive compensation works. Read the proxy before bi--hing.
@1guh+1v63S7qI Some of us don’t let the low morals of others affect how we conduct our lives.
@OP What’s stopping you from doing the same thing?
You can sit and whine about it, or you can play the same game and paid. Choice is yours.
Dude acts like internal folks (cough Durwood cough) isn't doing the same thing.
Bottom line - extract as much value from the company as you can. They're doing it to you, and they're doing it to the planet (which I endorse).
Check out the book WHEN MCKENZIE COMES TO TOWN. These executives and their consultants place money above all else. They don’t care about the lives and countries they destroy along the way.
https://www.nytimes.com/2022/09/29/books/review/when-mckinsey-comes-to-town-walt-bogdanich-michael-forsythe.html