The following is from the last part of Doug Robarcheck's column in todays Charlotte Observer. The reference to "Bob" is the continuation of a joke from the beginning of the column. It really sounds like a plan!
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Financially struggling US "Bob" Airways has announced a bold new plan to turn its fortunes around.
The key is setting aside money now to pay off the next several CEOs when they bail out.
"Based on recent company history," said a spokesweasel, Wallace D. "Bob" Slimely, "the CEO du jour will be out of there in a year or so. Before, we would have had to scrape up 15 or 20 million bucks to reward him for his failure.
"But with this new plan, the money is already budgeted and held in escrow."
He said the airline will finance the CEO Fund by slashing the pay of less vital workers like pilots, mechanics, etc.
"You've got to pay well to attract the best and brightest failures as CEO," Slimely said. "You can't expect them to give you the best 18 months of their lives for less than 15 mil." Doug Robarcheck
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Financially struggling US "Bob" Airways has announced a bold new plan to turn its fortunes around.
The key is setting aside money now to pay off the next several CEOs when they bail out.
"Based on recent company history," said a spokesweasel, Wallace D. "Bob" Slimely, "the CEO du jour will be out of there in a year or so. Before, we would have had to scrape up 15 or 20 million bucks to reward him for his failure.
"But with this new plan, the money is already budgeted and held in escrow."
He said the airline will finance the CEO Fund by slashing the pay of less vital workers like pilots, mechanics, etc.
"You've got to pay well to attract the best and brightest failures as CEO," Slimely said. "You can't expect them to give you the best 18 months of their lives for less than 15 mil." Doug Robarcheck
