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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: lonestar
Aren’t most bonuses tied to stock increases?

Not necessarily. Usually to some financial goal, but not directly to stock price.

Example: When Jim Hackett took over as CEO of Seagull, an independent gas exploration and production (E&P) company, his incentive was a promise of a bonus conditioned on concluding a sale of the company by a date certain. He did complete a merger (forming Ocean Energy), but whether that satisfied his board's objective, I don't know; it would be up to his compensation committee.

139 posted on 10/13/2010 4:04:08 PM PDT by lentulusgracchus
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