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The Daily Mag -->


Monday, October 14, 2019

Are CEOs overpaid

Sure, when CEOs screw up, they walk away with crazy pay offs, but that’s usually in their contract, and if it wasn’t that CEO would go elsewhere.
Look at Nadella. When he took over as CEO in February 2014, Microsoft’s market cap was US$290bn.
Today it’s US$580bn, twice what it was.
Nadella has added US$290bn of value to Microsoft’s market cap.
But of this US$290bn Nadella’s taken only around US$0.2bn from his role as CEO.
This is a rather odd example of exploitation of labour

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