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1
Dan8267
2011 Sep 27, 1:56am
Dan8267
2011 Sep 27, 1:56am
Currently, when you press the Swap button, the outgoing CEO is issued a $25 million severance payment. HP says it’s working on a fix.
Yep, that's the biggest problem. When will companies learn that golden parachutes are not a good idea?
2
Vicente
2011 Sep 27, 3:54am
Vicente
2011 Sep 27, 3:54am
Yep, that's the biggest problem. When will companies learn that golden parachutes are not a good idea?
Not good ideas for whom? If you are on the circuit of CEO & board swaps, all this back-scratching is fantastic.
How are else are you going to get the best talent, if you don't offer them several private islands as a sweetener?
Building on the expertise they’ve gained by firing two CEOs in less than a year, HP has launched CEO Swapper — a beautifully designed iPad app that makes it easier than ever to dispose of one CEO and pop in a new one.
CEO Swapper streamlines the CEO replacement process by putting all the basics at your fingertips. Using HP’s proprietary CEO Seeker™ technology, you can search the current pool of possible CEOs by category: your previous CEOs, competitors’ CEOs and washed-up CEOs that might be available at bargain rates.
http://scoopertino.com/hp-launches-new-ceo-swapper-app-for-ipad/