This adage always goes so well! Truly one for the modern times.
This adage always goes so well! Truly one for the modern times.
But it's just short-term thinking allowed to play out as it looks good on the balance sheet and dividends. Death by accountant is a thing.
[EDIT SPLNG]
How would I act, well, if you was good, I'd vocalise that and your replacement would have a hard time filling those shoes. But again, why would a company let a good manager/CEO leave due to some fixed term contract?
Equally I get that people get bored at all levels and move on, even if the company tries to retain them.
It's not a label liberally bestowed upon all people just because they are not there long. You generally find bad management are brilliant at being seen to be doing their job, over actually doing it. Equally, you can find good management can and do get shafted and seen that happen.
Though I will add that I've not worked for a company that employs CEO's for fixed terms as you outline and do find that curious as it does seem somewhat counter productive upon all levels.
Or the small onshore team they kept burning themselves out trying to hold the ship together.