Comments on: Counterparties: Washing out with the Tide http://blogs.reuters.com/felix-salmon/2013/05/24/counterparties-washing-out-with-the-tide/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: TomWest http://blogs.reuters.com/felix-salmon/2013/05/24/counterparties-washing-out-with-the-tide/comment-page-1/#comment-47136 Mon, 27 May 2013 18:36:21 +0000 http://blogs.reuters.com/felix-salmon/?p=21867#comment-47136 Because he’s already demonstrated that he erred in choosing a replacement

Realistically, in a large, diverse, mature business like P&G, is the competence of CEO (barring massive incompetence) a predictor of corporate profits?

For large, stable companies, I suspect the prime determinant of competence is being hired just before the firm’s market segment does well.

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