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3. Due to the turbulent times in the oil industry, XYZ Oil is considering hiring a new CEO. The company is having a hard time

3. Due to the turbulent times in the oil industry, XYZ Oil is considering hiring a new CEO. The company is having a hard time meeting salary and benefit demands of available CEOs. The company employs 100 people throughout the ranks. XYZ would like to entice finding a new CEO with retirement benefits while having a structure to also entice the new CEO to stay on board for a number of years

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