The executive merry-go-round continues
This is our version of People, or Vanity Fair. We follow the hallowed lives of individuals that "manage thousands of employees" and have experience with the upper management of billion-dollar companies, knowing that we will never attain those lofty heights.
But that club has the same admission rules as the Jet Set : you just need to know the right people (which I don't, obviously). Given the abject failures of some of them (eh, TSB ?), it's obviously not a question of competence.