Well, the $103 isn't exactly worthless. There's a big difference between Restricted Stock and Options. If the majority is restricted stock and the only restriction is time, then once the grants vest, he owns the stock outright (there is no strike price).
Maybe I'm looking at this the wrong way, but is he really the "highest earning CEO?" Currently all that he is "earning" is his salary — his restricted stock and options are deferred compensation that may or may not come to fruition. Yes the potential pay out of $103.5 million is extremely excessive, but shouldn't we wait 'til he actually has gotten to a point where he can cash in above-water stock/shares before we skewer him?!
So is this guy really worth this kind of money? To date his most significant accomplishment is to fire over 8,000 employees and lose over #2.0B USD.
We are told that companies have to pay these package to 'attract top talent.' Seems that anyone could preside over this disaster-for alot less money.
Even talentless fools like Zander and Brown could lay people off– for a lot less money. HOW his this guy GROWN business? As I see it, he's just throwing people off the lifeboat so the food lasts a few weeks longer.
Fallout from Motorola (NYSE: MOT) CEO Sanjay Jha
Well, the $103 isn't exactly worthless. There's a big difference between Restricted Stock and Options. If the majority is restricted stock and the only restriction is time, then once the grants vest, he owns the stock outright (there is no strike price).
It does seem excessive
Maybe I'm looking at this the wrong way, but is he really the "highest earning CEO?" Currently all that he is "earning" is his salary — his restricted stock and options are deferred compensation that may or may not come to fruition. Yes the potential pay out of $103.5 million is extremely excessive, but shouldn't we wait 'til he actually has gotten to a point where he can cash in above-water stock/shares before we skewer him?!
>> shouldnât we wait âtil he actually has gotten to a point where he can cash in above-water stock/shares before we skewer him?!
Why put off to tomorrow what can be done today?
So is this guy really worth this kind of money? To date his most significant accomplishment is to fire over 8,000 employees and lose over #2.0B USD.
We are told that companies have to pay these package to 'attract top talent.' Seems that anyone could preside over this disaster-for alot less money.
Even talentless fools like Zander and Brown could lay people off– for a lot less money. HOW his this guy GROWN business? As I see it, he's just throwing people off the lifeboat so the food lasts a few weeks longer.