The short-sighted games CEOs play. Now they are trying to hold on to their jobs without accountability no matter how bad they become at their jobs.

Will it work? Not if the CEO screws up the company and people dump their stock because the CEO is trying to make it harder to get booted out.

If the CEO becomes deadweight, then there is no saving the company. Plenty of companies have been decimated because of an incompetent CEO. Too many to count.

They become a deadweight, and then people jump ship: no competent person will agree to work for the company to save it. Customers will walk away. Stocks will be unloaded.

Any company that tries to bake in a CEO is a company that is waving a huge red flag. No competent or confident CEO would go there. They don’t need training wheels. This is not so much imperialism than gooberism, and that never is a good sign that the leadership knows what they are doing: they are too busy worried about their own backsides to run the company in the right direction.