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Archive for June 15th, 2016

Executive Privilege: Presidential Libraries at DAC, LBJ to AdG

Wednesday, June 15th, 2016

 


Presidents and CEOs share a common difficulty: the past
. A past that’s sometimes of their own making. They come into office full of enthusiasm and an agenda for improvement and innovation, only to find that the past serves increasingly as an impediment for moving forward.

Of course, the difference between Presidents and CEOs is that the former get libraries built in their name to commemorate their contributions, whether or not they’re able to conquer a past legacy left to them by predecessors.

CEOs, on the other hand, don’t get libraries when their tenures end. They either get tons of criticism, or occasionally tons of praise – but no library. They do, however, often get millions of dollars in compensation and stock during their administrations, and usually a pretty golden handshake when they’re done. Something that goes a long way to easing the pain of criticisms they may endure during and after their years in power.

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