Those in the know are aware that I now head a corporation*. These means very little, as the expected income of the corporation is $0. Recently, in my management class, it was revealed that there is a shortage of CEOs, which is what drives the price up. To around $2-3 million (before benefits, such as stock options).
The downsides of being a CEO include:
Working 80 hour weeks. (This usually has a negative impact on family life, or dating.)
Expected to be relieved in 5 years.
Upsides include:
A tremendous amount of money.
An entire company at your mercy, and, in some cases, an industry.
Social responsibilities, including attending parties of the rich and famous. (One could put this under "downsides," but I don't think I will).
Should some company of a profitable nature ask me nicely, I might be willing to step down from my current position in order to attend to their needs.
On the other side of the coin, I'm making other CEOs look bad by working for no money. They should pay me just to keep the average up. I imagine that 2-4 hundred thousand ought to help. Spread out over the bigger companies, that's pretty much a drop in the bucket.
Of course, one could argue that I'm getting 100% of the profits as pay, and I don't think I could successfully argue against that.
My wife has the honor of being our CEE. "What's that," you ask? Why, it's the Chief Executive of Ethics.
*I'm also the Chief Science Officer. We share joint responsibility of CIO, CFO, and E-I-E-I-O.
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