Read the story
http://www.usatoday.com/story/money/business/2013/03/28/departing-conocophillips-ceo-got-over-260-million-in-2012/2028085/
Don't think upper management is going to have a change in lifestyle.
3 replies (most recent on top)
Funny how everyone becomes a screaming socialist when someone else earns the big bucks when, in fact, we all wish it was us. I say good for anyone who can manage to get that kind of money. Be honest people, would any one of us turn it down if it was us?
I am one of those guys that believe "capitalism" is "numero uno". I would not want to set a cap on earnings, but good God, that is outrageous and realize the board of directors approved this.
That's really bad - 260 mil is 2,600 years of human earnings at 100k/year. What a shame.