by Mike Masnick

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.

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  1. identicon
    Alan, 15 Mar 2001 @ 8:32am

    No Subject Given

    and how are overpaid executives (CEOs in particular) and golden parachutes are news?

    reply to this | link to this | view in thread ]

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