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- To: "MLUG Off-Topic Discussion" <EMAIL:PROTECTED>
- Subject: RE: [MLUG - DISCUSSION] too much is too much for our richest CEOs
- From: "Nowlin, Dan" <EMAIL:PROTECTED>
- Date: Fri, 5 Jan 2007 01:06:58 -0600
- Delivery-date: Fri, 05 Jan 2007 01:07:10 -0600
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- Reply-to: MLUG Off-Topic Discussion <EMAIL:PROTECTED>
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- Thread-topic: [MLUG - DISCUSSION] too much is too much for our richest CEOs
$210 Mill for getting fired. Man, I need to find
a job like that. Every time I have been fired I have been lucky if I get
unemployment.
Daniel Nowlin
IATS Datacenter
I am not sure I totally agree with you but I think I do.
The point here is these compensation packages are put together by those
very people who are firing him. I am sure they go through a lot of negotiation
to get to that point with a good portion of the buyout negotiation taking
place before a contract is accepted.
Of course the person claiming to be "aghast" is not one of those making
that decision.
I really don't see the Home Depot board being all that concerned about
the pay for the CEO, I see them being concerned with return on investment.
This is something that every business considers. Excepting education and
government employees, those people who are not performing their job up to
standard are in danger of losing their job. This is what has happened with
this CEO.
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