Disgusted !
Guest
Disgusted !
Guest
nterim CEO gets salary of $108k/month, $600k bonus, $2.5M RSUs that vest immediately, and use of corporate jet or charter craft. For a temporary gig that will last 6 months or less...
Here's Joe's little package:
$6.89M payout, 2 years of health coverage, payout of 2024 MICP and vesting of LTI, $35k for "legal fees to review his separation/retirement offer letter" ... oh and salary of $650k to be a "special advisor" for 7 or 8 months.
HK gets her MICP increased to 110% (!!!) base salary and LTI grant increase to $5M/year.
The rape continues. Funny ... the company is now 35-40%+ smaller with BPS and Vantive gone and ongoing layoffs, yet these executive salaries only get more massive while employees salary increases continue lag inflation rate! What a scam!
Here's Joe's little package:
$6.89M payout, 2 years of health coverage, payout of 2024 MICP and vesting of LTI, $35k for "legal fees to review his separation/retirement offer letter" ... oh and salary of $650k to be a "special advisor" for 7 or 8 months.
HK gets her MICP increased to 110% (!!!) base salary and LTI grant increase to $5M/year.
The rape continues. Funny ... the company is now 35-40%+ smaller with BPS and Vantive gone and ongoing layoffs, yet these executive salaries only get more massive while employees salary increases continue lag inflation rate! What a scam!