http://articles.moneycentral.msn.com/Investing/CompanyFocus/3CEOsWhoOughtToGo.aspxthe problem is notice how high the pay is,
meaning these businesses seriously at the time needed these men and think they are worth the pay.
so pretty much it`s standard for these men to include in the contract that performance is not tied in to their job and get the best severence packages possible.
it`s gonna be tricky since it`s not like you can make a new hire who don`t need your job to take a paycut
the pool for qualified CEO`s is very very small.
if anything those positions should get phased out and replaced with groups ,like they do in japan to ensure check and balances
just a idea