Are chief officers in corporations some kind of aristocracy?

A quote from CNNMoney.com:

OfficeMax Inc. (OMX) named the former financial chief of Circuit City Stores Inc. (CCTYQ) as its chief financial officer as the No. 3 office-supply retailer looks to turn around its struggling operations.

Along with the rest of the retail sector, OfficeMax saw sales drop last year amid weaker consumer spending. In the past two months, the company has announced job cuts, suspended its dividend, and said it doesn't expect net new retail- store growth in 2009 and will delay its store-remodeling program until economic conditions improved.

I seriously wish I was in the room when this interview took place. Heres how it must have went:

Interviewer: So as you may have heard, Officemax is struggling in light of weak consumer spending and we are looking to turn things around. What do you feel makes you qualified for this position?

Bruce H. Besanko: Well, I was the Financial Chief of Circuit City Stores Inc.

Interviewer: How are they doing now?

Bruce H. Besanko: Bankrupt and being liquidated.

Interviwer: And you were the Financial Chief?

Bruce H. Besanko: Yes

Interviewer: Excellent, well have our secretary give you a lapdance before you leave.

I mean seriously, it amazes me how heads of corporations can fail miserably and yet be offered a similar job somewhere else. Its like at a certain level they just get passed around.I mean you will never see the following:

Interviewer: So your applying to be Chief safety officer?

Guy: yes

Interviewer: And have you held as similar poistion before?

Guy: yes, I was head of propane safety at Falk

Interviewer: Excellent, well have our secretary give you a lapdance before you leave.

Click here to see why that works.

By the way, that plan Circuit City had involving laying off their experienced salespeople in exhange for lower paid new people worked great. Way to not use performace to determine who should stay or go, Morons.