How To Overpay Executives In Failed Companies
from the watch-and-learn dept
You wonder how come eMachines is in trouble? Perhaps they shouldn't be paying $1.6 million in severance to a pushed out CEO and nearly $3 million to the sucker they brought in to replace him. The last guy drove the company into the ground and gets $1.6 million as a thank you. Where can I get a gig like that? And, the new guy hasn't done a damn thing and will make a ton for it. At the very least they should have tied his pay to performance somehow.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
Reader Comments
Subscribe: RSS
View by: Time | Thread
No Subject Given
[ link to this | view in chronology ]