Everyone seems to be missing the point of the role of the CEO. The CEO is not some masterful person answering all the questions for the company, I would argue that a CEO should be able to disappear for a year and if they had done their job correctly and assembled a good team the company would do just fine without them. No the purpose of the CEO is to safeguard the Capital that has been invested in the company. That i…
And judging from the ZIRP hiring sprees and tokenmaxxing, CEOs are more often the driving force behind wasteful spending than they are the safeguards against it...