Comment Re:Will it eliminate CEO positions? (Score 3, Interesting) 106
CEOs are almost always the highest compensated in the company but at a large company like Walmart I guarantee you that the combined cost of all the employees far exceeds that of the employees. Not having a CEO (or not paying him, whatever) wouldn't really change the financial situation of a company.
Now a company where it might actually be the case that the CEO makes way more than all the employees put together is Elon Musk and Tesla's extremely ridiculous compensation package for him. His pay package is actually a large percentage of the company's budget.