How’s it feel seeing in print our median employee pay went up 1% while Geoff jumped 16% and is the highest paid ceo in med tech?
Over a quarter if a million of personal use of the corporate jet while we get turned down for legitimate business travel between facilities.
Not to mention seeing greg smith get almost $9m to leave ops in total shambles…..
Happy new year, I guess, to us.
Thanks in large part to stock buybacks that juice earnings per share and prop up share prices. Making corporate stock repurchases illegal would put an end to this nonsense. Right now, they mainly let mediocre executives engage in rent-seeking, pocketing huge gains by manipulating short-term metrics tied to their compensation instead of building real long-term value.
What else’s new
Feels like last year.
I'm not surprise. The executives is only trying to squeeze as much money as they can from us so that they can buy another mansion.