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The original was posted on /r/nostupidquestions by /u/milanoeh3 on 2023-09-01 17:37:42.
Firstly, I understand this question might come from a place of emotion, but I genuinely don't understand how we as a culture and economy have gotten to this point. And I understand there might not really be a "good' answer here.
For context, I was just reading about the Walgreens CEO stepping down. What baffled me was when I got to the point when she'll be leaving with a 9 million dollar severance, 375K consultant fee for the next few months, and fully vested stocks. Now, I'll fully admit I don't know what it takes to run a company that size (or any size), but from the outside looking in, it would appear she failed in her duties and yet will receive more money than many people will make in a lifetime.
And yes...I've seen questions like this before, and I typically see some folks justify the executive compensation by saying they are acting as the face of the company and taking the risk. But from this angle it seems you can still fail and be rewarded for it?