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Old 26th Oct 2011, 23:29
  #17 (permalink)  
ohallen
 
Join Date: Aug 2011
Location: goulburn
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Pac Brands certainly worked well for Sue because she got to keep her total remuneration despite dismal strategy and poor outcomes for all.

Therein lies the lesson...they don't give a stuff as long as they get the money and move on before it has any consequences for them.

It is up to the Boards to take a stand and the other problem is if they penalise the CEO they have to admit to their own errors unless they can prove strategy was correct and just poor implementation.

Qantas will not get away with that one because history will show the strategy was the problem.
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