For more than 20 years he looks good. But we who know him, know otherwise. Look up The Peter Principle and there’s a picture of Ryan. Chevron and XOM (and everyone else) will get things done.
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@1ve RL looks like the type to enjoy cross country skiing for sure.
Give me my magic number of $5,000,000 in assets and I would retire day 1 - sit back and collect 5-10% interest and make an annual salary of $250-500k. That would go a long way if you owned everything you had.
I can maintain my lifestyle and keep my expenses low, that is the problem with people that fall in to money, their expenses rise fast than their stagnant income at that point.
Why would anyone beyond the age of 60 want to continue being CEO when they could just retire and go salmon fishing every day in Alaska during the summer. Then after that season hang out at the mountain chalet mansion, go x-country skiing, take in the northern lights in your hot tub and just relax. It boggles my mind. Life is too short to put up with corporate stress forever.
@qq What did JJ say?
JJ was right about Ryan.
RL is always looking for the next opportunity in his life. I suggest he step down and retire.
We have not had any meaningful leadership from RL in at least a decade. If you live in an echo chamber where everyone proclaims you're a messiah, there is no real incentive to change. Sure, every now and then he parrots what the supermajors are doing, or tries to emulate the smaller, more nimble independents, and regards it as "visionary leadership." But most of all, he is happy to stay on cruise control, avoid risks, and ensure a large payout when he retires—leaving the mess for someone else to clean up (inevitably starting the cycle again). It is a classic case of a leader who has lost touch with the business, his employees, and the environment in which he operates. He took a year to learn things he could have gathered in ten minutes over coffee with a first-line supervisor in the field. And as with most COP managers, he knows the price of everything but the value of nothing.
Chevron up. Exxon up. Halliburton up. Cenovus up. ConocoPhillips down reflecting the weak impotent performance of our ARCO castaway leader.