Quote:
Originally Posted by 93nav
What was Steve Jobs worth to Apple?
What was McGuire worth to United Healthcare?
From Wikipedia
When McGuire joined United, it was an unprofitable regional health maintenance organization with annual revenues around $400 million.[3] When he left, United was one of the largest, most profitable, and most diversified healthcare companies in the world, with more than $70 billion in annual revenues, more than 50,000 employees, and more than sixty million health plan members.
Some other posts make good points.
- Why should the government decide on a CEO's salary? It is the Board of Directors job to make those kinds of decisions
- Big companies, big salaries
- Compare CEO salaries to sports figures or other celebrities.
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I have to agree, the board of directors needs to decide. The government has nothing to say about it. The government is just the beneficiary of the free enterprise system, and rakes in the taxes. It is crazy how much some CEOs make, but not much different than sports stars or movie stars.