https://finance.yahoo.com/m/fef04360-be5a-3d14-a51e-53c98e2410f0/qualcomm-executives-to-get.html?.tsrc=applewf
13 replies (most recent on top)
This C team is so incompetant
Not only do they get trunk loads of ca$h,
"The executives would also receive any unvested equity awards, "
So clearly they are positioning to have Q taken over and cash in personally bigly. Tons of cash and they get all the unvest millions of equity.
You can bet in traditional Q style, theres a lot of unrevealed looting going on behind the scenes in addition to the publicly acknowledged "pay for sh-- work"
does this mean that they are expecting some change soon
If this means SM, CA, GD, JT will be booted out soon, let them have it.
Yep, moving on.
Typical Q Executive looting
They made the rules and policies. We should just move on.
EVP’s all have a net worth are greater than $10 million, maybe even $20 million. This severance package won’t even pay for their annual vacations. Steve is worth at least $100 million. #kleptocrats
SM wants his golden parachute before PJ takes the company private and fires him.
this is totally sick. time to move on.
I think its called greed. SM is greedy, the boards knows it so sets him up for more money by way of motivation. Or something like that. Must work. Board says so.
"Executive vice presidents and higher-ranked employees are entitled to 1.5 times their salary and annual bonus, and a payment to cover health benefits for a period of time, according to a regulatory filing Friday from the San Diego-based chipmaker. Chief Executive Officer Steve Mollenkopf would get twice his salary and bonus."
Toxic man at toxic company.
Anyone really want to continue working here ?
Why do we place such high value on these people who continually underperform?