Quote:
Originally Posted by AsianDivaGirlsWebDude
So you think that when a company loses money for it's investors, that the CEO should have his pay nearly tripled? 
ADG |
When a CEO loses money for it's investors he should be fired or replaces, as clearly happened here.
While most companies do have some sort of compensation packages for performance, they also have a base salary their executives at entitled to. $800k for a CEO or ex CEO executive doesn't seem excessive to me. If it seems excessive to you than tell me what are the comparable CEO pay packages for a non founder CEO of a publicly traded company ??