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0 pointsfshbbdssbbgdd2y ago0 comments

Larry and Sergey hired Sundar to do a job (make money for shareholders aka Larry and Sergey). If Sundar doesn’t want to do that job anymore they’ll find someone else to do it better.

If I’m ignoring morality and just pretending I own the company and want to be richer, my opinion would be: if I think there is someone out there who will do a better job than my CEO and they are available, hire them no matter how much it costs. Whatever I’m paying them is peanuts compared to their impact on the company’s market cap. Nowhere in my option space is “keep the same sub-par CEO but pay them less”, that’s penny-wise and pound-foolish thinking.

0 comments

axlee2y ago

Do you truly think there is no one on earth who could do a better job than Pinchai for, let's say, $80M a year? $40M a year? $30M a year? $10M a year? Why is there downward pressure on wages for everyone except for this particular position?

fshbbdssbbgddOP2y ago

If that person who can do a better job exists and can be identified, we should hire them and not waste time worrying about how much they are paid. It’s more important somebody else doesn’t hire them first.

Btw if you have some repeatable mechanism for proving the suitability of CEO candidates, maybe you should be doing executive recruiting for a liking.

1024core2y ago

On what basis are people saying that he's responsible for the company's increase in valuation over the past 8 years? For all we know he's just sitting in his office twiddling his thumbs.

1 more reply

fatherzine2y ago

Risk? He's a known quantity. There may be 1000 guys more capable than Pichai. Alas, there are at least two thorny questions:

* How do you find one of these guys in the haystack with any degree of confidence?

* How much time would one of them need to build a professional network at the same level as Pichai?

FWIW, I do find these compensation packages obscene. Just working out same thinly disguised math.

hgsgm2y ago

His pay is huge, but not huge when spread across 12K people. You couldn't keep them employed on $250M/3yrs

AgentOrange12342y ago

Perhaps not all of them, but you could certainly choose to keep some.

On the other hand, perhaps you could. Just dividing the numbers out doesn’t account for whatever value they’re producing.

axlee2y ago

I don't really understand the point you are trying to make.

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0 pointsfshbbdssbbgdd2y ago0 comments

Larry and Sergey hired Sundar to do a job (make money for shareholders aka Larry and Sergey). If Sundar doesn’t want to do that job anymore they’ll find someone else to do it better.

0 comments

axlee2y ago

fshbbdssbbgddOP2y ago

Btw if you have some repeatable mechanism for proving the suitability of CEO candidates, maybe you should be doing executive recruiting for a liking.

1024core2y ago

On what basis are people saying that he's responsible for the company's increase in valuation over the past 8 years? For all we know he's just sitting in his office twiddling his thumbs.

1 more reply

fatherzine2y ago

Risk? He's a known quantity. There may be 1000 guys more capable than Pichai. Alas, there are at least two thorny questions:

* How do you find one of these guys in the haystack with any degree of confidence?

* How much time would one of them need to build a professional network at the same level as Pichai?

FWIW, I do find these compensation packages obscene. Just working out same thinly disguised math.

hgsgm2y ago

His pay is huge, but not huge when spread across 12K people. You couldn't keep them employed on $250M/3yrs

AgentOrange12342y ago

Perhaps not all of them, but you could certainly choose to keep some.

On the other hand, perhaps you could. Just dividing the numbers out doesn’t account for whatever value they’re producing.

axlee2y ago

I don't really understand the point you are trying to make.

j / k navigate · click thread line to collapse