Alas, Yes.
But a Definite “Yes.”

(1) I support the Obama pay cap for CEOs of companies on the dole.
(2) My choice would be to cap them at the rate of a 4-star general or admiral, with max seniority.
(3) If you sent all F500 CEOs and their #2s to St Elba, performance of their companies would not on average deteriorate. The “myth of the irreplaceable CEO” is just that—myth.

Tom Peters posted this on February 4, 2009, in Leadership.
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