Google Dean Foods SEC Filings.
NASDAQ link.
Might be surprised to see how much the new CEO is making plus bonus structure. Quite a bit more than RS.
Oh, and they knew internally on the 23rd RS was out.
Time will tell.
3 replies (most recent on top)
We'll have a better idea of where DF's future is headed after the first sale or two. We already know that noone was interested in purchasing the whole enchilada. If ice cream gets sold, that will be a pretty good indication that things are headed towards bankrupcy. If they instead find buyers for some of the fluid plants (preferably buyers who will convert them to other uses and not compete with DF) then the future looks brighter. And a smart move if the company is going to try and continue to make a go of it in fluid would be to bring back the regional branding.
New CEO is a PR move. He will help them orchestrate things so that the rats at the top can jump ship with fat pockets. I went through this same thing at Hostess.
Appears as if he'll be making less than Ralph. $800k vs $1,000,025 a year base salary that Ralph was bringing in. Base doesn't include bonus, but same bonus plan for both and based on base, so Ralph's potential bonus would have been bigger.
Unless you're including the $870k signing bonus, but that will only be paid once.