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Message: Re: trying to making sense
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Mar 09, 2022 10:23PM

sidebar - There is no winning in this situation. I bring your attention to Lee Iacoca in around 1980. He took a wage of $1 and the entire balance in shares and options, compensation totally tied to share performance. In 1987 he sold the shares for $52 million which would have been his compensation for 1980. There was almost a riot as a result. Can you imagine what our shareholders would say in DM actually pulled off a sale of our company at the end of this year for $5 billion or $20 per share after getting 1.4 million share options instead of a wage plus RSU's. There wouldn't be enough TP around to clean up the dung that would be flug.

 

tada

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Mar 09, 2022 10:26PM
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