I once worked for a CEO who gave large sums of money to a university. We’re not talking thousands. We’re talking millions. He appointed the president of that university to his board and more specifically as the chair of the compensation committee who approved a $15M retention bonus for the CEO the same year that company employees weren’t granted their annual inflation raise. This is a public company. No one ever said a word.
I once worked for a CEO who gave large sums of money to a university. We’re not talking thousands. We’re talking millions. He appointed the president of that university to his board and more specifically as the chair of the compensation committee who approved a $15M retention bonus for the CEO the same year that company employees weren’t granted their annual inflation raise. This is a public company. No one ever said a word.