This is a very self-centered "I got mine" view. Think more broadly: What did you do to the valuation and perception of your company? What have you done to the value of everyone's shares, including your own?
If you keep a role at the company, how will it be working with your team now that they see your position reduced? If you are walked out of the company without ceremony, what balls were in the air that aren't going to be caught? Who did you just leave in the lurch?
So will those shares be worth anything if you were phoning it in rather than focusing on your CEO performance, or successfully trying to navigate the CEO-to-other-role transition? Will your competition smell blood in the water and try to cast FUD in the face of your current customers and all future prospects?
What will your reputation be going forward? ("He was a difficult person to work with. We had to fire him.")
So sure, you may have your short-term gains in your stocks. But what will it do to your career? And the careers of everyone who had followed you to that point?
This article was very well-meaning. I just have a feeling that all-too-many short-term thinking people are going to follow your advice and say, "Well, to hell with it. At least I got mine."
If you keep a role at the company, how will it be working with your team now that they see your position reduced? If you are walked out of the company without ceremony, what balls were in the air that aren't going to be caught? Who did you just leave in the lurch?
So will those shares be worth anything if you were phoning it in rather than focusing on your CEO performance, or successfully trying to navigate the CEO-to-other-role transition? Will your competition smell blood in the water and try to cast FUD in the face of your current customers and all future prospects?
What will your reputation be going forward? ("He was a difficult person to work with. We had to fire him.")
So sure, you may have your short-term gains in your stocks. But what will it do to your career? And the careers of everyone who had followed you to that point?
This article was very well-meaning. I just have a feeling that all-too-many short-term thinking people are going to follow your advice and say, "Well, to hell with it. At least I got mine."