Most publicly traded companies are ran by a revolving door of CEOs from around the world. They live a totally different lifestyle from normal people. The majority of wealthy people are not aligned to any country. Only to money.
Most CEO’s have a ‘big item agenda’ which they implement in 5-7 years. After that, it’s time to move on to look for the next challenge. I’m not convinced that’s a bad thing in and of itself as it provides new insights and goals for the company.
Sometimes this works and sometimes the company dies due to the incompetent new CEO or is a CEO hired by a hostile takeover private equity firm to extract as much money from it as possible.
Sure. I just found it humorous a multi-national company like Sony is run by a ‘foreigner’. Foreigner to whom?
PlayStation, not Sony.
Most publicly traded companies are ran by a revolving door of CEOs from around the world. They live a totally different lifestyle from normal people. The majority of wealthy people are not aligned to any country. Only to money.
Most CEO’s have a ‘big item agenda’ which they implement in 5-7 years. After that, it’s time to move on to look for the next challenge. I’m not convinced that’s a bad thing in and of itself as it provides new insights and goals for the company.
Sometimes this works and sometimes the company dies due to the incompetent new CEO or is a CEO hired by a hostile takeover private equity firm to extract as much money from it as possible.
Nothing is 100%, so for sure.