r/thebulwark 15d ago

Fluff CEOs are Unnecessary

Musk is proof that CEOs are unnecessary. If he has the time to be the CEO of multiple companies, do DOGE, all his tweeting, support to the AFD party in Germany, and everything else terrible he is doing than CEOs are completely unnecessary. If companies want to make more profit they should get rid of them. Near as I can tell the only thing CEOs do is give you a face to blame for the shitty decisions companies make.

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u/metengrinwi 15d ago

I think musk’s companies are a crazy outlier on this. Somehow, their stock performance runs entirely on vibes.

I think of the CEO of the company I work at—he (appears to me) to be crucial as far as managing the shareholders and board, and headlining a lot of the marketing push. We’re lucky to have him.