Work first, play later, Mr. Wharton

Team USA I thought the biggest challenge for a CEO was making the company profitable, increasing market share, and ensuring their stockholders were rewarded by their investments.

Most of the news coming from Wall Street suggests otherwise, enormous compensation not tied to any real performance metric, declining stock prices and exposure to “Sub Prime” combining to earn them the boot.

In addition to focusing on the really important stuff, we’ve earned their attention via CEOchallenges.com – where the privileged “boy’s club” gets to flex their sporting muscle in the contest of their choosing.

I’m not bitter, just concerned that one of these sweet smelling types will break a fingernail is all …

On behalf of each CEO who registers for this event, 50 percent of net proceeds will be donated to Fly Fishing Team USA, which finished eighth in the 2008 World Championships in New Zealand in March. “For Challenge winners, accompanying Team USA in Scotland is a great opportunity to meet the greatest anglers on the planet as well as make connections for future fishing worldwide,” said Buchner. “Participants can join us for team meals, assist us with charting, team scouting, and fish with team members during unofficial practice sessions.”

I recognize the value of corporate sponsorship and how precious dollars are need to defray the costs to the talented fishermen that earn their berth, but it still gives me the “creeps.”

Having guided a lot of privileged corporate types in the “C-Class”, almost none could cast or tie on their fly without assistance. Team USA likely needs scouts and chart help, but not from a fellow that wakes up at 11:00 AM and insists on gluten-free wheat toast.

I’m guilty of a gross generalization, and am unashamed.

I’m looking for parity is all, you dabble in my beloved sport, distracting my anglers with company logos and gimcracks unrelated to the fishing, I want to run your company for six weekends a year

That is a challenge worthy of your metal, Mr Wharton…

Note: Below is the graph of the stock prices of the larger companies participating in CEO Challenge. 

Going Down, Mr Wharton?

Thankfully they don’t allow CDO’s to participate, some of these companies have tons of those..

5 thoughts on “Work first, play later, Mr. Wharton

  1. Pingback: Further proof that the rich don’t have recessions « Taunted by Waters

  2. KBarton10 Post author

    As soon as you get tired of stone tablets and mallets, let me know.

    I refuse to feel sorry for a fellow headed for Montana whose intentions are to post “I’m here, you ain’t” insults on a daily basis.

  3. SMJ

    It’s lonely at the top, and CEO’s need love just like everyone else. We should be happy that someone’s made it easier for them to buy some.

    TC: I like spice.

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