CEOs are hugely expensive. Why not automate them?

If a single role is as expensive as thousands of workers, it is surely the prime candidate for robot-induced redundancy.

By Will Dunn

On Wednesday 31 May, it was reported that Alex Mahon, CEO of Channel 4, could receive record annual pay of £1.4m. This article was originally published on 26 April 2021 and asks, as Executive pay continues to rise, does a company need a CEO at all?

Over the next two weeks, the boards of BAE Systems, AstraZeneca, Glencore, Flutter Entertainment and the London Stock Exchange all face the possibility of shareholder revolts over executive pay at their forthcoming annual general meetings (AGMs). As the AGM season begins, there is a particular focus on pay.

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Topics in this article : Artificial intelligence (AI) , Salary , Work

Will Dunn

@willydunn

Will Dunn is business editor of the New Statesman. He writes on a range of topics including inflation, housing, the Bank of England, the world of work and the cost of living crisis.