Having a low share price is good if buybacks are the goal. You also have the scenario of a failing company needing a CEO, but nobody wants to captain a sinking ship, so you have to make the offer VERY enticing. There are also executives that specialize in pre-bankruptcy management, where it might look like they utterly failed, but actually reduced the bleeding or avoided bankruptcy altogether.
SouthernPlayaCo t1_j6gk0vw wrote
Reply to ELI5: CEO leaving failed companies by biohazardmind
Depends on what the goal of the CEO was.
Having a low share price is good if buybacks are the goal. You also have the scenario of a failing company needing a CEO, but nobody wants to captain a sinking ship, so you have to make the offer VERY enticing. There are also executives that specialize in pre-bankruptcy management, where it might look like they utterly failed, but actually reduced the bleeding or avoided bankruptcy altogether.