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To: gunsequalfreedom; GLDNGUN; lonestar
He said he finds the $120 million bonus Whitman took at the time of layoffs troubling. He said he would not himself take the bonus and that he considers it "very troubling."

How about this logic?

If eBay is straitened enough by bad economic conditions, so much so that 10% of staff have to be let go, then how does the comp committee justify throwing millions at a CEO whose performance, had it been better, might have obviated the need for layoffs by adding value to the top line?

Tough times = no bonuses for anybody, or tokens at best for high performers. And $120 mil doesn't qualify as a "token". How's about that?

As a shareholder, I want my comp committee to show some sense of nod to reality.

100 posted on 10/13/2010 1:08:46 AM PDT by lentulusgracchus
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To: lentulusgracchus

Aren’t most bonuses tied to stock increases? If so, as a shareholder you would have made $$$ also.


110 posted on 10/13/2010 6:45:44 AM PDT by lonestar
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To: lentulusgracchus
As a shareholder, I want my comp committee to show some sense of nod to reality.

IF you are a shareholder, then you get a vote. If you are not a shareholder, it's none of your business.
145 posted on 10/13/2010 7:06:25 PM PDT by GLDNGUN
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