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To: hueyone who wrote (43464)6/13/2001 9:08:14 PM
From: EnricoPalazzo  Read Replies (2) | Respond to of 54805
 
No, but I was bringing up an example, albeit rather extreme, of a CEO whose interests are truly aligned with outside shareholders and who manages with the clear focus of increasing all the shareholders wealth.

In reality, good managers do this anyway. It's just that most good managers don't own billions of dollars of stock. We can't all be founders. Steve Case & John Chambers are examples of great CEO's who are vastly, vastly underpaid, even though they take lots of stock options.

Yes, many bad, selfish CEO's take huge sums of stock options (honestly, who wouldn't?), but not all CEO's who take huge sums of stock are bad and selfish.