A lot of deals are done or not done because chief executives are not fully aligned to shareholders.
Sentiment: NEGATIVE
I think most CEOs think their stock is undervalued, probably.
You're doing a major merger, you got to hope you didn't get it wrong. That's the view of any CEO.
Twenty years ago, you might have been pessimistic and said there's no hope. But these days, some of our very biggest companies are acting remarkably cleanly. And in some cases, although not all cases, the CEOs are the driving forces behind that.
I think, you know, a fellow CEO said to me that the interesting thing about being CEO that's really striking is that you have very few decisions that you need to make, and you need to make them absolutely perfectly.
We're all shareholders. These guys below me, they see the CEO taking it easy, it's their money.
The reality is that companies are full of things that are left unspoken. And even when they are out in the open, the CEO is almost always the last to know.
I don't feel I'm at liberty to speak about the actions of any one CEO. That's not fair; given CEOs have duties to their shareholders.
Every time a twenty-something CEO turns down a multibillion-dollar offer for a company that has little or no revenues, it hits a raw nerve in me. Unlike most professionals, I am not shocked by the seemingly bizarre behavior of those founders who pursue their vision beyond all rational thought or monetary reward.
Clearly, every company needs a leader. That's an important part of being the CEO of the company.
When the CEO makes a decision, people don't come back on it.