No board wants to admit they have a below average CEO, so they all have to pay t... | Hacker News

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endtime on Jan 8, 2016 | parent | context | favorite | on: Yahoo planning 10% layoffs as early as this month,...

No board wants to admit they have a below average CEO, so they all have to pay them above average, which of course raises the average.

eru on Jan 8, 2016 [–]

Coincidentally, CEO pay has really started exploding after publishing it became mandatory.

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