Not quite the same and definitely not heralded by the same type of "helm" (or leader), but Intel did this as well, no?
Not sure what you're talking about. Intel's stock hasn't done anything
remotely like what's happened with Nvidia's.
The reality: When you are working for any of these companies in a senior position, with over the top paychecks, medical benefits with 100% dental, enjoying fat year-end bonuses, generous company 401K contributions, company cars, widowed office space, quarterly stock purchase options and a campus style easy working life…
Um, if you're taking home $1M in pay & stock,
who cares if you get 100% dental? Also, I haven't heard of company cars in
ages. Do companies really still do that? And stock purchase plans aren't exactly a big pay day, in my experience. When I've had them, they just let you buy the stock at like a 10% discount. The real windfall is if you get stock
options (unless the share price is on a long, downward slide).
one totally looses touch with reality and how it is on the outside. Life is a peach!
I don't have much insight into the lives of C-suite execs, but from my limited window into corporate management, I don't see any sort of walk in the park. They might get disproportionate compensation, but the hours are long, the stress levels are high, and turnover is higher than in the lower ranks.
It’s like living in a gated golf country club community, a special life style, and associating almost exclusively with neighbors of the same socio economic class . All the problems of the world may very well be located on the moon!
That's a different matter.
And as one of our SVP’s so bluntley put it: “We are totally immune to the Ails of the world at large.” Talk about being complacent...80% of our senior executive staff will not even vote next year because their life is good.
Um, what sort of company are you talking about? I can scarcely think of a major company that believes it's "totally immune from the ails of the world at large." That is
quite a statement! It seems like just about all of them are potentially affected by supply chain, energy prices, and/or trade restrictions, not to mention outright economic issues like inflation, labor pricing, tax policy, and overall economic growth. If there's a company insulated from
all of that, I'd sure like to know about it!
And how do you know 80% of them won't vote? At my company, they're pretty aggressive at trying to get employees to join the PAC (Political Action Committee). They definitely want us to vote, too (though they can't make us do either). I'd be quite surprised if execs were less politically active than the population at large, especially considering how much money I'm sure most contribute in political donations (either via the PAC or personally).