Addison wrote:Tucy wrote:Addison wrote:
BTW, per DMN, even they confirm it's not that unusual as the CEOs of Albertsons and United Airlines also have similar arrangements (in fact, Scott Kirby lives in Dallas).
It's more than a bit of a stretch to say Scott Kirby lives in Dallas and more to the point, it's not terribly relevant if Dallas is his "primary" residence or if his Gold Coast mansion in Chicago is his primary residence. His office is in Chicago.
Same with Albertson's CEO. He may keep a condo in Dallas, but his office is in Boise. (And I recently listened to a podcast where they specifically, said: "you moved here, you live here, right?" [referring to Boise, Idaho). Mr. Sankaran responded, "yes, I live here".
So... Albertson's CEO both lives in Boise and has his office in Boise.
United Airlines' CEO has a home in Chicago and has his office in Chicago.
Neiman Marcus's CEO lives in NYC and has his office in NYC.
The point is, there are many other companies besides Neimans where the CEO doesn't necessarily live/work where the HQ is located.
I have not seen, and you have certainly not demonstrated that "many other companies . . . where the CEO doesn't necessarily live/work where the HQ is located. You proposed 4 examples.
Albertsons: CEO has a condo in Dallas, but also has a house in Boise and says he lives in Boise and works in Boise. (These guys make a LOT of money; they can afford to have multiple houses.)
Bank of America: CEO apparently "lives" in Massachusets, but keeps at least an apartment in Charlotte and his primary office is in Charlotte. He's been criticized for taking the company jet back and forth between Charlotte and Boston too often.
United Airlines: Scott Kirby still has his house in Dallas, but also has a mansion in Chicago. I don't know where he would say he "lives", but his office is clearly at the corporate HQ in Chicago and he clearly spends a lot of time there (probably most of his time).
Wells Fargo: Wells Fargo seems to be an outlier. Their CEO is apparently based in NYC, while their HQ remains in San Francisco (at least for now)
So we know of one corporation where the CEO's work-base is somewhere other than the HQ.