[citation]Probably the world's most valuable CEO is Steve Jobs of Apple, as shown by stock dips on news of his medical problems.[/citation]
Talk about a horrible misread. Jobs is a capable CEO, and to be certain, he has a commanding presence. However, while a CEO definitely captains the ship, the loss of that CEO should not be perceived as being so crippling to a company that it would immediately endanger the company by debasing its stock. If that is happening, then the CEO is doing too much micro-managing. The shareholders should be confident in not just the CEO, but their senior staff as well.
Talk about a horrible misread. Jobs is a capable CEO, and to be certain, he has a commanding presence. However, while a CEO definitely captains the ship, the loss of that CEO should not be perceived as being so crippling to a company that it would immediately endanger the company by debasing its stock. If that is happening, then the CEO is doing too much micro-managing. The shareholders should be confident in not just the CEO, but their senior staff as well.