Degrees don't matter. (Business focused) results and a track record of delivering do. Still impressive remuneration though -- he must be adding tens of millions in profits to the bottom line.
Degrees matter deeply among the untalented in my experience. I have one of those fancy pee HUDs, but I only whip it out when I'm dealing with the above sort.
Results don't really matter either, you just need to convince people that you are valuable. Many people in business don't have any sort of "provable" results but have excellent people skills.
