You have spoken outspokenly against executive compensation and the growing wealth gap. Why do you believe the current CEO pay model is broken?
Co-founder & CEO at Lossdog
There is no corporate executive on the planet worth fifty million USD a year when the frontline workers at that same company earn fifty thousand or seventy thousand dollars. It is indefensible that chief executives collect massive compensation packages while their employees rely on public assistance for basic healthcare or food. Almost every corporate chief executive is replaceable. When executive compensation expands to five hundred times the median worker salary, the foundational social contract of business collapses.
This answer is part of a full interview with Tom Sosnoff, Co-founder & CEO at Lossdog.
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