Thanks for Nothing: 11 Short-Term Corporate Leaders Who Made Millions
Filed under: Employment & Careers, Weird & Wonderful
By Anthony Shields
Minyanville
For many, being a millionaire is a lofty goal that can take a lifetime to achieve, and only then through a lot of hard work and great luck in managing risk. However, things are a bit different when you're a CEO. It isn't uncommon at all for CEOs to be proven completely incompetent at their jobs and yet still be allowed to walk away with millions in severance pay, even if they spend minimal time on the job.
The following is a list of CEOs that worked the shortest amount of time in their position, but still made millions because of contractual obligations. Proceed with caution: this list could inspire a fiery rage in the most mild-mannered of investors, or else make you want to occupy Wall Street.
Minyanville
For many, being a millionaire is a lofty goal that can take a lifetime to achieve, and only then through a lot of hard work and great luck in managing risk. However, things are a bit different when you're a CEO. It isn't uncommon at all for CEOs to be proven completely incompetent at their jobs and yet still be allowed to walk away with millions in severance pay, even if they spend minimal time on the job.
The following is a list of CEOs that worked the shortest amount of time in their position, but still made millions because of contractual obligations. Proceed with caution: this list could inspire a fiery rage in the most mild-mannered of investors, or else make you want to occupy Wall Street.
SLIDESHOW: SHOCKING SEVERANCE PAYOUTS
RSS Feed
Contact Us
