Yellow | What was in it for CEO

5 million to our appointed board member. I am really curious to know why the other one quit. Might be someone had morals?
 
5 mil. is drop in the bucket...compared to the 20,000 plus unemployed were looking at....look at the big picture---please.
 
I really would like to know what behind the door payments the CEO and the rest on the board would have gotten:bouncy:

I don't begrudge the executives getting bonuses when a company is profitable but to grant yourselves any bonus for setting a arbitrary number like they did in the first quarter (240 Million before EBITDA I believe) and then showing a loss for the quarter is beyond comprehension to me. I firmly believe that they should be paid out based on performance after the numbers are positive. These people at the top were hired on just like any other employee, to perform some type of job activity, be it dock man, driver, sales or CFO and CEO, whatever the job title may be. Mr Pierson was hired on to be the CFO at a pretty lucrative salary, so why reward him handsomely for doing his JOB, he is there to oversee the finances and negotiate with the banks and lenders. Mr Welch was hired on to oversee the corporation and turn it into a profitable enterprise. Please do your jobs and amaze us with with getting favorable loan agreements and interest rates and do your part in turning this around or step aside and allow someone do it who can. I`d love to see one dock man who consistantly pushes 4 to 5 BPH across the dock or a P&D driver who gets 2 to 4 BPH on the street or a road driver who meets his run time consistantly or anyone in the office producing their numbers even get a pat on the back and a thank you for doing their JOB, let alone any kind of bonus. There are many employees who come in every day to do just that, the JOB they were hired to do. Leave the bonuses until the company is out of the hole its buried in and most of us wouldn`t blink an eye. You offered up profit sharing in that joke of a proposal to the grunts, only if we hit certain O R numbers after taxes, at least have the decency to set the same guidelines for your bonuses.
 
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