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Worst Tech CEOs Earn the Most Money

tappytibbins writes to tell us Baseline is reporting that in a recent look at the 100 largest tech companies they found that there was a striking correlation between the highest paid CEOs and the lowest returns. From the article: "The one-third highest performing companies paid their chief executives an average of $7.12 million--while the bottom third paid their CEOs $9.29 million. The study compared direct compensation, which includes base salary, bonus and value of stock grants. Why the disconnect? Jack Dolmat-Connell, founder and president of the firm, cites the phenomenon of 'chasing the median': Companies benchmark their executive compensation figures on peers instead of looking at factors related to performance."

6 of 313 comments (clear)

  1. This would also explain Zonk by Anonymous Coward · · Score: -1, Offtopic

    I hear he's RICH!

    1. Re:This would also explain Zonk by Anonymous Coward · · Score: -1, Offtopic

      Speak for yourself. I don't think any of the other editors are better than Zonk.

    2. Re:This would also explain Zonk by Anonymous Coward · · Score: -1, Offtopic

      Look Zonk, you know Cliff is a better editor than you are.

    3. Re:This would also explain Zonk by Anonymous Coward · · Score: -1, Offtopic

      Why are you posting AC, Cliff?

    4. Re:This would also explain Zonk by larry+bagina · · Score: -1, Offtopic
      Let's see... "ask slashdot" falls into 4 categories:

      1. Rhetorical questions (should freedb data be in the public domain? )
      2. Shill questions (ZenDecode.com can reverse engineer Zend Decoding. Does ZenDecode.com make Zend encryption obsolete?)
      3. Wrong place to ask question (I'm being sued for libel for gimping someone's face onto the goatse man. Please give me free legal advice.)
      4. Just google it questions

      I think it's like arguing whether cow shit tastes better than dog shit.

      --
      Do you even lift?

      These aren't the 'roids you're looking for.