Quote:
Originally Posted by Setec Astronomy
I'm not denying that these particular CEO's are bozos, but the CEO of a multi-billion dollar company SHOULD be afforded the treatment of a private jet. Whether the recent crop of CEO's has tarnished thier brand so much that they have lost the respect that they should have is another story.
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CEO's who oversee the bankruptcy of their companies, and who are BEGGING for a public bailout should be afforded NO such treatment. Their ultimate job is to drive profitability. When they are losing money, their job is to cut spending, including T&E, the 2nd largest controllable expense any company has and to set an example for the worker on the floor who is going to either lose his job or give back a portion of his pay to keep his job.
Face it, if they had flown 1st class or even all went on one private jet, and shown up driving a Volt,(or hybrid Escalade), a hybrid Ford Escape, and a prototype Chrysler EV, they could have shown their understanding the depth of the problem and the solutions they are currently working on. But they didn't, did they.
Respect for corporate employees should be reserved for those who have earned it.
i see no parallel in respecting the Office of the President of the United States vs the officer of a publicly held company solely based on their position.