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This feels like something stockholders should sue over, as it's a deliberate choice for executives to screw the company to pad their personal profits.
by ocdtrekkie 5y ago
This feels like something stockholders should sue over, as it's a deliberate choice for executives to screw the company to pad their personal profits.
- Aeolun 5y agoOf course, and it will show great executives what a swell place to work booking.com really is. Even if the comp is a bit low by executive standards, at least they have your back.
- elliekelly 5y agoA derivative suit: https://en.m.wikipedia.org/wiki/Derivative_suit https://en.m.wikipedia.org/wiki/Derivative_suit
- mypalmike 5y agoThe successful result of such a lawsuit: average stockholders will get a $12 credit towards their next booking.com excursion. Class action lawyers take their $18M commission. And the execs keep their jobs and those bonuses.
- bradleyjg 5y agoThat’s why boards hire “executive compensation consultants” to bless what they want to do anyway.