If so, what was the percent of those voting to show his assthe door?
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People recognize that this an oligarchic society and that your democracy is a sham (good!), yet you will all still vote Republican (or Corporate Democrat). These politicians are the ones responsible the situation we find ourselves in (together with the laziness and apathy of the public). Your society is programmed to accept that this is the way it is and nothing better can be done. In any decent society, what Lesar and co. have done would lead to incarceration. Halliburton used to send out emails basically telling us to vote for Republican candidates.
is there anyone working for Halliburton that is so brainwashed that they think Dave and Jeff should still be leading the company? These guys have either lost all perspective and are deluded about their own talents or are just devoid of any sense of accountability. Either way, they are unfit.
Dave got them their money and that is all that matters. If he had not sacraficed us to get the money for them he would be gone. And just think this next quarter we have the 3.5 billion payout to overcome on top of the lack of income.
If you want institutional investors to suffer, repeal the bush tax cuts. Their rates are less than wages.
Just a word to the wise. You don't want anything to do with a union you will be locked into a piece meal style pay raise and pay union dues. Unions were good back in the 20's, 30's 40's & 50's. But now they just want your money and the company would win big!
So the SEC now has the votes published. Lesar et al have over 550million votes for and tens of millions against. One can assume that the votes against are largely company employees and small investors but through the dividend essentially pay off the institutional investors. They don't care about the internal dissatisfaction within the company as long as they get their bonus and dividend payout. They also gave them their nice executive pay so Lesar et all can get their $1m per year salary and $$m bonus each year. How can this level of corporate malfeasance be rewarded? Only in a corporate run society where corporate bribery through the financial sector is rife. Wall Street doesn't care about the average joe. The money they can pump into lobby groups to roll back financial rules (Dodds-Frank) is crazy. Just look at the crazy way things work. Look on the annular report for Halliburton to see how many shares Lesar and Miller have and then consider how many shares regular employees have. Their vote for themselves more than likely eliminates any votes by non-executive member employees. Pointless almost voting. A poorly run company with a CEO who needs to be challenged but runs the company as a dictatorship who rubs up to Wall Street to stay in charge.
This is well out of hand ceo etc get a bonus more shares plus top dollars after losing 3,5 billion so when is this company going to give people a wage rise with the cost of living.
I work offshore been away the last 3 xmas and new years and no bonus for working both I believe that halliburton as a whole is the only company that does not pay extra so much for the emails regarding our staff are our assets going forward
yes, very good response below. thank you. america is an oligarchy, that is the word you are looking for. we hold on to that term democracy because we use it to make us look good to others as we attempt to influence them. it's a ruse though, . of couse this comment is probably being scrapped up and is earning me my own special place on a database located deep beneath area 51 in nevada.
He did survive as confirmed in a press release. Check out the SEC website (sec.gov) and search for Halliburton filings. By Tuesday they have to formally submit the shareholder results to the SEC by law in a form 8-K. In it will be all the for, against and abstain votes. Seeing as how he and all other board members survived shows that the institutional investors (Vanguard and Fidelity who own 5% each) have so much more power than employees. They only care about dividend return and not company quality of management provided they are getting their returns. Small shareholders really have no value. Look at the volume of stock Lesar, Miller and the board hold and then compare to what you have and everyone in your department. It renders small employee stock holders of little importance compared to the board and larger institutions. Remember that there isn't such a thing as democracy in the Western world, the country is nothing but a series of corporations and the employees have no valuable say, which is why the 1% get richer and no-one below is able to get ahead.
As usual, plenty of vitriol but no answer to the OP's question.....
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That's nice that we don't get raises due to the economy,but he gets a raise. They must have felt sorry for his failure.
That is really fuk$$&$ed up. Many...many... Jobs lost cuz these greedy arseholes, and they still around
Employees need to unionize and shut these a--holes down. No way Dave should be allowed to remain much less stuff his pockets. It's time folks to stick together, or fall apart.
Yep he survived plus he gained a bonus plus a bump on his pay check! How's that for a kick in the teeth?
I predict he retires before year end
Dave is slicker than WG17 EXP. Probably got a bonus.