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New From Keith Olbermann: Could Donald Trump Pass a Sanity Test?

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danarchy3/29/2017 6:23:25 pm PDT

re: #251 EPR-radar

$10 million per year is on the low end for US CEO compensation. Assuming (!) a 2000 hour work year, that works out to $5000 an hour.

There is absolutely no way to justify that kind of compensation for anyone who isn’t performing at godlike levels. Most of these folks are nowhere near that level, despite their press releases to that effect.

If your only talking about fortune 500 companies your numbers are right. The majority of CEOs in the US are not fortune 500 CEOs.

While I agree some of their compensation is way out of whack with their actual performance, much like a sports team signing top pro athletes or a producer signing a big star to his next movie, you are always taking a chance signing that contract. Why should a CEO being hired to run a company with billions or 100’s of billions in revenue not be paid as much as Tom Brady or Tom Cruise?