Better choice
After all the brilliant work he's done at Twitter, what better person than Elon Musk
SAP has begun the succession process which will see the replacement of co-founder Hasso Plattner as chairman of the German software giant's supervisory board amid a seismic change in technology landscapes. The company has proposed that former Deloitte CEO Punit Renjen stands for election as a new member of the power team and …
Which demonstrates to me that hiring a CEO has nothing to do with your business and what your company does, it's just hiring a manager.
Preferably one that looks good and can handle himself in front of a camera.
You spent years managing a company that makes planes ? Nobody cares. The only thing that counts is that you spent years managing in a high-profile company.
Speaks volumes about just how disconnected management is from the actual job (yes, I know I'm preaching to the choir ; it's my PMS : Post-Monday Stress).