• Freeposity@lemmy.world
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    3 days ago

    From what I was able to discern, the CEO of UHC was really just a nepo frat boy selected by the board. He had no special skill or talent, other than looking like another white man in a suit and selecting multiple choice answers about what to do in the company.

    Straight from Central Casting, if you will.

    • chisel@piefed.social
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      3 days ago

      What exactly do you think the CEOs of large corps do? Make sound decisions based on their experience in the trenches of their industry? Ha! Their entire role is to be a frat boy, party (aka “network”) with other CEOs, allow the board/private equity to make dumbass decisions that’ll tank the company, then take the fall when those decisions inevitably lead to problems. Nepo baby is a legit resume booster because it means you were born with more connections than most people will ever have.

      • Freeposity@lemmy.world
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        3 days ago

        I’ve worked with a lot of CEOs and while a lot of them are as you describe, many of them are smart and have a good handle on what their company does. And too many of them are afflicted with varying degrees of sociopathy.

        • chisel@piefed.social
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          3 days ago

          Worked with CEOs of what size companies? Small business CEOs definitely need to know their shit and put in the work. Enterprise CEOs need to look good in press conferences and have books full of billionaires.

          • Freeposity@lemmy.world
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            2 days ago

            Companies of all sizes, including Fortune 500 companies. I used to be a consultant.

            You are correct about the smaller ones, unless it was a family business run by a third gen nepo baby.