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Reply to "Succession - Season 4"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Doesn't anyone else think it's very unusual for a NYSE-listed mega conglomerate not to have a fully-formed CEO succession plan in place? Given Logan's age and medical issues throughout the series, wouldn't the board and stockholders, particularly stockholder activists, have insisted on it? I think one of the over-arching messages of this show is that hubris leads to destruction. If Logan and his acolytes had been responsible stewards of the corporation, they would have put ego aside and accepted that Logan wouldn't be around forever and would have undertaken the uncomfortable task of planning next steps in the event of his demise. But by appeasing his ego, the corporation now is left in uncertainty and is at the whim of some really self-serving and diabolical players. Seems like a cautionary tale for not hoarding short term personal benefit at the expense of the greater good. [/quote] As I recall, the official plan was for Gerri to be CEO, but that was always assumed to be subject to a Logan making up his mind about which of his children might be able to fill the role. There would be no show if there was a well established plan, but I do think you’re partially right about the cost of hubris being the point of the show, along with the idea that Logan was successful *because* he was a brilliant malignant narcissist, and none of his children can fill his shoes (even though they all share his narcissism to varying degrees). [/quote] And the family controls most of the board. How many times have we seen that play out? As far as stockholders - there never seems to be any lack of magical thinking when people are making money hand over fist. [/quote]
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