NelsonRD
Well-Known Member
There is a huge difference between a person gaining wealth because of their talents and what they return, individually, to that income. A CEO of a company the size of Disney is a run by committee type of setup. Almost no big time CEO does it alone. They are no more worth the huge salaries then I am. They are worth significant compensation for their ability to hold the rudder in a steady, directed manner, but, they wouldn't go anywhere without the people operating the oars.
It not that they get paid a lot, it's because of the obscenities of the amounts that are ridiculous. Take Mr. Iger, for example, he is making, probably more in 6 months then Walt did in his lifetime. (adjusted for inflation) What did he create, what foundation did he build? None, he is riding the coattails of a man that has been dead for 50 years. Some great accomplishment. That is what I would consider shameful wealth. He didn't earn it, somebody else did and now he's just standing around catching the spoils of that luck.
Anyone that went out and actually took chances, innovated, created and put his reputation on the line to create his or her wealth, deserve it. I doubt that any of them are embarrassed to buy their daughter a new automobile. However, if they base their net value on what "goodies" they can give to their children, then their running a little insecure themselves. That VW didn't hurt the little princess, in fact, it might have helped her gain a little reality perspective.
Part of being a good CEO is the people they associate with. Have you ever seen what a CEO does on a daily basis? Have you ever worked along side of an executive? Walt created the Disney icon, but Iger from a business standpoint has been very successful. Just because the boat on splash mountain has a light out, doesn't take that away. You are suggesting that Iger does nothing but play golf all day, and was just simply given this high paying CEO job, and that is very ignorant.
When a CEO makes a decision we do not like, there is outrage. However, other industries do not have this. When a musician puts out a terrible album, or an actor has a bad movie, or athlete has a bad season, there is still support. However, we are ready to dismiss Iger because he didn't make some decisions you might have made as CEO.
Again, happiness begins when we stop looking over our shoulders at what others are doing, and how much they are making.