admin rights for executives?

I’ve got a wanabe who just hired on as a Senior Vice President. This guy used to work for the company like 2 years ago but got laid off. Now he’s back and we’ve upgraded to 2000 from 98 and he insists on having admin rights to his W2K laptop because he needs to “control his own destiny on the computer” pfft…
My boss and I are sticking to the guns that got our support to user ratio up to 1/150. Has anyone run into this problem? Do you give admin rights to your executives if they ask for it?