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Re: Golden Parachutes: 21 CEOs Landed $100M Plus 

By: micro in POPE | Recommend this post (2)
Sun, 11 Mar 12 4:26 PM | 62 view(s)
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Msg. 53217 of 65535
(This msg. is a reply to 53184 by clo)

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Clo,

your jealousy is showing.
When you are the head of the biggest corporations in the world, it is a totally different world than you know and I know, and I was a ceo.

Now I just run my small company and am happy.

The stress and strain is unimaginable and the expression that it's lonely at the top is for real.

What you and every other person who has not a clue about the very top management of fortune 200 corporations is what these people's credentials are and what they do daily to make those corporations profitable. They actually are answerable to a Board of Directors and shareholders. Relentless pressure.

What you think is that it is all glamor and playtime.
Therin lies the fallacy which brings about the envy and resentment of a really powerful Chief Executive Officer.

It isn't for the fain of heart or the non-driven and one must be truly dedicated and driven to succeed. Selfish in a large way because it is either you or the other guy who is going to survive.

SO while you wail the popular LIB line about the very people who provide the jobs, GREAT PAYING JOBS for every level below them, and the benefits as well, you might do well to cease the spouting off and showing your ignorance.
Al you are doing is being a mouthpiece for the party line again.

Where is your outrage when a Hollywood lefty gets 20 or 50 million for one lousy movie? Where??????

Yourail against headss of corporations as if they have somehow contributed to something bad when in fact they are simply doing their jobs.

Golden parachutes have been around for a very long time dearie. Very long. Nothing unusual there.

These folks simply have achieved and made it to the top, which should be the aspiration of anyone who is in business and management.

Just remember that when you finally make it through years and years of hard work and sacrifice, something few no anything about but are readily there to rail against those that have, you will always have have people like CLO mouthing off about your severance agreements when in fact, they are none f your concern nor business.

I do not applaud wrong doing or abuse of power. I do applaud achievement and sacrifice.

You really have no clue what you are saying.


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The above is a reply to the following message:
Golden Parachutes: 21 CEOs Landed $100M Plus
By: clo
in POPE
Sat, 10 Mar 12 11:32 PM
Msg. 53184 of 65535

Jan 27, 2012 7:31am

Golden Parachutes: 21 CEOs Landed $100M Plus

By Dan Kloeffler

Jan 27, 2012 7:31am

While TV viewers love to hear the words, “You’re Fired,” from Donald Trump, few would ever want to have that conversation with their own boss. That is, unless they are the boss and managed to negotiate a hefty separation package.

So-called golden parachutes are contractual provisions that compensate executives, if they are terminated without cause. And according to a first-of-its-kind report, the payout practice has guaranteed several outgoing chiefs with nine-figure landings to help soften the fall from their corner offices.

....
According to the study, 21 CEOs received more than $100 million each in “‘walk away” packages. In all, companies like GE, Exxon Mobil Corp., AT&T and Home Depot Inc., have collectively provided nearly $4 billion in golden parachutes. But according to Hodgeson, those figures could be on the low-side.

‘These numbers don’t include the perks – the use of the corporate jet, the corner offices – a lot of the compensation that doesn’t get listed on the public files.’

But despite the staggering amounts, golden parachutes serve a purpose when it comes to wooing a potential CEO to take the helm.

more:

http://abcnews.go.com/blogs/business/2012/01/golden-parachutes-21-ceos-landed-100m-plus/


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