He or she might be; plenty get those kinds of jobs on their personal connections rather than their track records.
But a more usual scenario is that the CEO wants to fund their next bonus by slashing jobs, and paying management consultants - with the company's money - to facilitate that is, to that sort of person, a shrewd move.
Those people were hired for a reason; if the CEO literally cannot think of anything useful for them to do then they have utterly failed as leaders. But they are lavishly rewarded nonetheless.
He or she might be; plenty get those kinds of jobs on their personal connections rather than their track records.
But a more usual scenario is that the CEO wants to fund their next bonus by slashing jobs, and paying management consultants - with the company's money - to facilitate that is, to that sort of person, a shrewd move.