Trump was NEVER a true CEO (once-briefly with disastrous results)
"..... Trump wasn’t a genuine CEO. That is, he didn’t run a major public corporation with shareholders and a board of directors that could hold him to account. Instead, he was the head of a family-owned, private web of enterprises. Regardless of the title he gave himself, the position arguably ill-equipped him for the demands of the presidency."
Article goes on to show that Trump really does not know how to run a business where his actions could be held accountable by law and by stockholder. His business acumen is :
"...(he) was owner, chairman and president of the Trump Organization, a family-owned limited liability company (LLC) that has owned and run hundreds of businesses involving real estate, hotels, golf courses, private jet rentals, beauty pageants and even bottled water.
LLCs are specifically designed to offer owners tax advantages, maximum flexibility, and financial and legal protections without either the benefits (such as access to equity capital markets) or the many obligations of a public corporation."
Indeed, the only time he ventured into a CEO mode of business was his foray into :
" a public company: Trump Hotels and Casino Resorts. That was an unmitigated disaster, leading to five separate declarations of bankruptcy before finally going under, all this while other casino companies thrived. Public investors ignored all the signs in favor of the showmanship and glitz of the Trump brand and, as a result, lost millions of dollars. Trump allotted himself a huge salary and bonuses, corporate perks, and special merchandising deals.
What is especially telling about this experience is that, rather than speaking on behalf of fiduciary responsibilities for the best interests of the corporation, Trump noted, “I make great deals for myself
https://www.washingtonpost.com/posteverything/wp/2017/02/21/trump-wasnt-a-real-ceo-no-wonder-his-white-house-is-disorganized/?tid=pm_opinions_pop&utm_term=.da047c25c9f3
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