3 ms·
Yeah, I'm not sure. I do however have some observations. 1. The amount of personal runway that a c-level exec has is usually much much longer than the averag
by bb88 8y ago
Yeah, I'm not sure.
I do however have some observations.
1. The amount of personal runway that a c-level exec has is usually much much longer than the average sales clerk working on the floor of Sears.
2. Rewards are typically given for achievements which are aligned to company goals. The number one goal for the company is to exit bankruptcy. I don't know if the $25 million in bonuses are aligned with the company goals.
3. An executive that can get a company out of bankruptcy seems like he/she would be a better executive than one that wanted pay up front just to stick around.