• PalmTreeIsBestTree@lemmy.world
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    6 hours ago

    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.

    • CanIFishHere@lemmy.ca
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      3 hours ago

      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.

      • PalmTreeIsBestTree@lemmy.world
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        2 hours ago

        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.