Thread regarding Cabela's Inc. layoffs

Taken from the Omaha World-Herald

It's not the same company D--k built folks. It's not about Sidney, it's business:

Tommy will take $8.1 Million

Scott will take $3.4 Million

Baker will take $2.6 Million

Ralph will take $3.4 Million

Copeland will take $3.2 Million

Linneman will take $3.6 Million

And the last two were asked to leave and become consultants months ago. I guess we know who's going to have an easy landing.

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| 1841 views | | 12 replies (last October 5, 2016) | Reply
Post ID: @OP+JIIxS0j

12 replies (most recent on top)

No kidding on Baldwin. The famous wall Mart exec. This is such a shame. They lied, passed thier own pockets and walk away when they were the leaders responsible. Unbelievable. Makes everyone extremely angry

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Post ID: @foe+JIIxS0j

Ok. Who are the wives who own businesses? I can only think of one.

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Post ID: @fki+JIIxS0j

Baldwin and Means will get the same as the other EVPs. Cabela's is only legally obligated to report the top six to the SEC. Baldwin and Means are just as responsible for the demise of Cabela's as the other millionaires. It's sad that those that are responsible for taking a great company and running it into the ground are the ones that will benefit from the sale. The people who followed the directions of the millionaires are the ones that will be left holding the empty bag while the millionaires laugh all the way to their bank far from Sidney.

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Post ID: @iym+JIIxS0j

I noticed that as well - EVPs Doug Means & Charles Baldwin are not included in the million dollar giveaway! That would be a shame because having known and worked directly with them I would say they were two of the best of the entire lot!

I would love to know the whole store here.....

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Post ID: @dce+JIIxS0j

It turns out there are winners in Cabela's failure to succeed! Way to go Tommy Millner & the EVP team - enjoy your millions while Outfitters struggle to make ends meet!

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Post ID: @jnx+JIIxS0j

But it doesn't end there: Then comes 18 months of paid health and dental insurance for all of the top six execs for 18 months — worth about $31,000 for each, according to the filing. Each exec also qualifies for two years of life and disability insurance, at a cost of about $1,500 apiece.

The final piece is some financial engineering, the “accelerated value” of stock options, restricted stock and performance-based stock awards due the executives — worth at least hundreds of thousands to each executive, sometimes much more.

Not that I would EVER want such an executive position ANYWHERE, but man its so strange to me how the 1%'ers live AND make that living.

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Post ID: @qfa+JIIxS0j

What businesses are they? I for one will boycott them!

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Post ID: @mup+JIIxS0j

Obviously the wives who own businesses in Sidney do not need the money after this news story. Boycott those business. When will people of this town wake up - if a friend or family member lied to you repeatedly you would distance yourself from them.

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Post ID: @cli+JIIxS0j

And where is Doug?

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Post ID: @moq+JIIxS0j

Anyone else notice that Charles Baldwin was omitted? Not just from the article. From the SEC filing. There is a story there. OWH... Go find it. Why would a guy walk away from millions of dollars? And what's interesting... The good ol' home town boys, Castner and Baker, take the money and run, but the Arkansas guy doesn't? Wtf?

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Post ID: @fra+JIIxS0j

Holy crap!

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Post ID: @xgi+JIIxS0j

It's simply robbery and the two who were protected from being fired / absolutely shameful. This is why the country is fed up and we are too. Crash and burn

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Post ID: @jjv+JIIxS0j

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