The CEO of a major company, making 4 million GBP annually, only owns 4.2 million GBP worth of the company’s stock? That might be part of the problem right there. Relative to his cash compensation, this guy has very little ownership in the company. Don’t get me wrong, 4.2 million GBP is not chump change, but… it certainly isn’t much compared to the cash they’re paying him. (I don’t want to turn this into a thread about the proper structure of management compensation – that’s a big subject. I’m just pointing out something that looks particularly odd from my experience.)
Good point Dave, not much of a performance incentive for him with a salary like that. Seems like they’d be better off giving him a bunch of options and a lower salary. Kinda weird.
Good point Dave, not much of a performance incentive for him with a salary like that. Seems like they’d be better off giving him a bunch of options and a lower salary. Kinda weird.
Good point Dave, not much of a performance incentive for him with a salary like that. Seems like they’d be better off giving him a bunch of options and a lower salary. Kinda weird.
Good point Dave, not much of a performance incentive for him with a salary like that. Seems like they’d be better off giving him a bunch of options and a lower salary. Kinda weird.
Good point Dave, not much of a performance incentive for him with a salary like that. Seems like they’d be better off giving him a bunch of options and a lower salary. Kinda weird.
