What Type of CEO Will A Company Get For $ 500,000 A Year?

February 4 2009 | jveritas

[jveritas]

Obama announced an executive order to limit the salary for CEO of bailout companies to $ 500,000 a year. Besides that this is the scary socialism on the march the question from business perspective is what type of CEO would a company get for $ 500,000 a year? The answer to that is very simple. They will get very incompetent CEO’s who are even much more worse than the current CEO’s who are running these bailout companies.

[mnehring]

$500k is not worth the government bs you would have to put up with.

[from occupied ga]

Well hell, I’ll do it.

[scottinoc]

A democrat who knows how to get paid through the back door.

[from occupied ga]

If I made decisions based on a ouiji board I’d do better than the GM execs

[Just another Joe]

I volunteer.

But I also want stock options and a golden parachute.

[AbeKrieger]

Where in general I am a “whatever the market will bear” kind of guy, I am behind limiting of base salaries for failing companies - though I would like to see performance-based incentives that would allow these folks to increase earnings based on actual performance.

[Gondring]

LOL! Funny how other companies do quite well with CEOs who are less compensated. In fact, there seems to be an inverse relationship.

While I don’t like the government dictatng this, the shareholders should have been doing so...but boards have been playing quid pro quo and artificially raising officer wages and benefits far above performance.

[Logic n' Reason]

The same "type" that is just about equal in business skills to obammer's skills in running this country.

Ahhh, a match made in heaven!

[MahatmaGandu]

What Type of CEO Will A Company Get For $ 500,000 A Year?

Considering that we are now painfully aware of what kind of CEO a company can get for $100 million a year I can only assume the firms will get someone better that one of these detestable perfumed princes who have now totally hosed our economy with their half-assed ideas.

[DonaldC]

Given the quality of a great many CEOs out there today and the fact they only know how to oursource, 500K is probably plenty.

[Logic n' Reason]

"You get what you pay for!" ....Soupy Sales!

[cbkaty]

$500K wouldn't even buy a Senators job in Illinois.....

BWAHAHAHAHAHAHAHA

[xjcsa]

Where in general I am a “whatever the market will bear” kind of guy, I am behind limiting of base salaries for failing companies - though I would like to see performance-based incentives that would allow these folks to increase earnings based on actual performance.

And you want the government making those decisions? Wow.

[clamper1797]

what type of CEO would a company get for $ 500,000 a year

Hello ... I'm from the government and I'm here to help you ...

[taxcontrol]

It was not the “purfumed princes” as you call them, that created this mess. This mess belongs SQUARELY with the Dems attempts to implement their socialist agenda via “affordable mortgages” that FORCED banks (through the threat of lawsuits) to make loans without consideration if the individual could repay them.

Don’t blame Wall Street when it is Congress’s fault

[N. Theknow]

My cousin owned 6 KFC stores and made more than that per year and that was 20 years ago.

Keeping the stores staffed and trained and covering for those who decided not to show up for work whenever they felt like it ruined his health.

[edweena]

Hey, if you want welfare you have to qualify and then follow some rules. If you don’t like the rules, you reject the welfare.

[The Spirit Of Allegiance]

Government should reduce

opportunity for BAD GUYS,

not limit OPPORTUNITY.

That is all.