Quote:
Originally Posted by Blownhotrodder
As a Chief Executive Officer you are the commander of the ship. You are the one who is responsible for that companys operation. Why do you think these guys make millions and millions of dollars with heafty benefits and stock options? Believe me, him working for $1 dont mean squat. Hes already got millions.
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Who would want to take over and do what he does and put up with what he does for $1 a year? How long would a new man have to work and what would the condition of the company have to be in before he got a raise? I suspect there are not a lot of qualified auto exec's looking to take over that kind of responsibility. If Rick Wagoner and GM's board of directors believe he is the best person to do the job under their dire circumstances, it is their right to make that decision wether we like it or not, IMO. Time will tell if it was a good or bad direction.