Senior management takes huge payoffs for buyouts, but what do IROs get out of them? Less than nothing, says Dan Gross
Even in the best of times, the job of investor relations professionals is a comparatively thankless one. It’s not as if they get extra recognition when the company delivers betterthan- expected results. In those cases, all credit goes to the chief executive, who holds forth on his or her brilliance for the duration of the quarterly conference call.
And when – heaven forbid – results surprise on the downside, look out. IROs must cope with a stream of calls from angry investors,
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