Tenure: 17 days
A job that lasts only 17 days is normally the province of temporary workers, crab fishermen and department store Santa Clauses. By contrast, being the CEO of a major financial corporation is typically a bit longer. In Alan Fishman's case, however, two weeks and three days was the duration of his time at the top rung of Washington Mutual's executive ladder.
Fishman came on as CEO on Sept. 8, 2008, with the unsavory task of having to restructure the company in the wake of the U.S. mortgage crisis. Seventeen days later, the company's assets were seized and its banking operations were sold to JPMorgan Chase. The day after that, the corporation filed for bankruptcy protection.
The collapse of Washington Mutual was the largest bank failure in U.S. history, and it effectively ended Fishman's tenure. Don't cry for Fishman, however: He may not have been with the company long enough to take advantage of its dental benefits, but his severance package of nearly $20 million was the equivalent of receiving more than $1 million per day in compensation, including weekends.
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