I always feel so sad for CEO’s that have to leave a company. (Not really!) They suffer so much upon departure. Those Golden Parachutes sometimes are in excess of 100 million dollars. We have lots of CEO’s in Silicon Valley who are and always have been incompetent. They are forced out and given his/her Golden Parachute, only to go on to lead another company into the sewer.
We are in the wrong business. :)
I have yet to find anyone at Best Buy who could find his/her hands if they were sitting on them. But that is getting to be the norm everywhere I go.
>Best Buy had a quarterly loss of almost $2 billion and is closing 50 stores. So, Brian Dunn, the CEO, decided now's the time for him to leave.
>
>Look what he's taking with him. (Scroll down a bit).
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http://people.forbes.com/profile/brian-j-dunn/11391