Posted On: 10/11/2014 9:16:57 AM
Post# of 30066
the point is to provide REVENUE 1st
so the 800-Mil. current float doesn't continue to increase and erode / dilute the common shareholder - whats so hard to understand about that? IMHO, peeps try to diffuse the main point here with all other sorts of topics
Look, I don't think that I or most anybody else would have the slightest flap if GC were to have said:
"We just signed J&J for a $35-Mil. up front 10% LymPro JV Agreement, and oh by the way, I'm giving myself a pay raise and bonus with an aggregate total of $455k."
I would have said "go Gerald - and by the way, drinks are on me......"
interesting that Toll Bro. CEO pay was reduced by shareholder votes
http://aaahq.org/newsroom/shareholdervotes.htm
A study to be presented at the annual meeting of the American Accounting Association (San Francisco, Aug 1-4) finds that such campaigns resulted on average in a single-year CEO pay drop of about $7.3 million (about 38%) in firms where pay was excessive . Companies that sustained hefty CEO pay reductions during the study's time span (1997-2007) included Yahoo, UnitedHealth, United Natural Foods, Sanmina-Sci, Saks Inc, Sprint, Qwest Communications, Legg Mason, Lennar, KB Home, Constellation Energy, and Apple.
also interesting - you don't bring up JC & GC's recent $430k bonus recognition WRT that SECTION 5 by-law hooey
so the 800-Mil. current float doesn't continue to increase and erode / dilute the common shareholder - whats so hard to understand about that? IMHO, peeps try to diffuse the main point here with all other sorts of topics
Look, I don't think that I or most anybody else would have the slightest flap if GC were to have said:
"We just signed J&J for a $35-Mil. up front 10% LymPro JV Agreement, and oh by the way, I'm giving myself a pay raise and bonus with an aggregate total of $455k."
I would have said "go Gerald - and by the way, drinks are on me......"
Quote:
In my investing experience, the CEO salary and bonus plan are established by the board of directors. That's one of their functions. It's not something that is put before the shareholders for a vote.
interesting that Toll Bro. CEO pay was reduced by shareholder votes
http://aaahq.org/newsroom/shareholdervotes.htm
A study to be presented at the annual meeting of the American Accounting Association (San Francisco, Aug 1-4) finds that such campaigns resulted on average in a single-year CEO pay drop of about $7.3 million (about 38%) in firms where pay was excessive . Companies that sustained hefty CEO pay reductions during the study's time span (1997-2007) included Yahoo, UnitedHealth, United Natural Foods, Sanmina-Sci, Saks Inc, Sprint, Qwest Communications, Legg Mason, Lennar, KB Home, Constellation Energy, and Apple.
also interesting - you don't bring up JC & GC's recent $430k bonus recognition WRT that SECTION 5 by-law hooey
(0)
(0)
