A $21 Million Reward for Failure

A $21 Million Reward for Failure. When I got up this morning and heard the news that Hewlett-Packard had fired Carly Fiorina
as CEO, my immediate reaction was to imagine the column I'd be writing
about the move. Then I remembered: I don't do that anymore.
But I can't resist noting that, once again, corporate America's movers
and shakers are rewarding failure, this time to the tune of a $21
million “severance package.” It's how things work for CEOs: Succeed and
you get millions. Fail and you get millions.
What a scam. HP's shareholders should be outraged, but like good sheep
they'll just let it go. [Dan Gillmor on Grassroots Journalism, Etc.]

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