this post was submitted on 01 Oct 2023
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In a leaked memo, Shopify CEO Tobi Lütke put limits on employees having side hustles, saying Shopify requires 'unshared attention'::Shopify CEO Tobi Lütke discourages employees from side hustles in company memo, saying their jobs require their undivided attention.

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[–] frezik@midwest.social 7 points 1 year ago* (last edited 1 year ago)

Not terribly much time, by the looks of it. For example, look at the list of boards Disney CEO Bob Iger sits on:

https://www.wsj.com/market-data/quotes/DIS/company-people

Publicly traded companies should have their board compensation made public. Iger sits on a lot of philinthropic organizations; I think 501c3's will have that reported to the IRS. But he probably has a day long meeting for each once or twice a year.

Edit: here's Bloomberg Philinthropic's IRS filling (one of the boards Iger sits on). $10.9k per board member. https://projects.propublica.org/nonprofits/organizations/205602483