Fail at job, earn $28 mil for 4 months work

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  • GatorB
    The Demon & 12clicks
    • Oct 2001
    • 18208
    #1

    Fail at job, earn $28 mil for 4 months work

    nice work if you can get it.

    "NEW YORK (CNNMoney.com) -- Struggling Ford Motor Co., which posted a record $12.7 billion net loss in 2006, gave its new CEO Alan Mulally $28 million for four months on the job, according to the company's proxy statement filed with the Securities and Exchange Commission Thursday."

    http://money.cnn.com/2007/04/05/news...ex.htm?cnn=yes
    Tags: None
    • woj
      <&(©¿©)&>
      • Jul 2002
      • 47880
      #2
      nice, I need a job like that :-/
      Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000
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        • 96ukssob
          So Fucking Banananananas
          • Mar 2003
          • 12991
          #3
          damn, hopefully hes not getting engaged soon...

          im referring to that bs line of "how to make 2 months salary last forever"
          Email: Clicky on Me

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            • IllTestYourGirls
              Ah My Balls
              • Feb 2007
              • 14311
              #4
              stock holders get fucked twice isnt that nice.... seems to be the american way lately... fail get paid A TON

                Comment

                • 12clicks
                  Too lazy to set a custom title
                  • Jan 2001
                  • 19814
                  #5
                  Originally posted by GatorB
                  nice work if you can get it.

                  "NEW YORK (CNNMoney.com) -- Struggling Ford Motor Co., which posted a record $12.7 billion net loss in 2006, gave its new CEO Alan Mulally $28 million for four months on the job, according to the company's proxy statement filed with the Securities and Exchange Commission Thursday."

                  http://money.cnn.com/2007/04/05/news...ex.htm?cnn=yes
                  uh, how did he fail again?
                  I'm not a dinosaur, I'm a crocodile. I've seen dinosaurs come and go and I'm left unimpressed.

                    Comment

                    • LiveDose
                      Show Yer Tits!
                      • Feb 2002
                      • 25792
                      #6
                      CEO compensation at 'some' public companies is out of control these days. It's no wonder a lot of these companies are in the red with these shitty attitudes.

                      Scammer Alert: acer19 acer [email protected] [email protected] Money stolen using PayPal

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                        • MikeVega
                          **Porntrepreneur**
                          • Jul 2004
                          • 12788
                          #7
                          I'm sure he had a tight employment contract and they saved the share holder Millions by buying it out.


                          Mike Vega-ICQ:253868499-AIM:mikeydicevega

                            Comment

                            • DjSap
                              Confirmed User
                              • Jul 2002
                              • 3869
                              #8
                              Seeing as he had been on the job for four months I'm not sure how he was supposed to have any impact on that years profit, hell his policy's and decisions will probably not make a big impact on this years profits either, big companies like ford that depend on R&D can't really be evaluated on a yearly basis as you have a time lag between cause and effect.
                              Blog Themes, TGP Design, Writing Services, Grunt Work
                              ICQ: 66871495

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                                • mattz
                                  Confirmed User
                                  • Dec 2001
                                  • 7697
                                  #9
                                  I applied for that, never got a call back

                                    Comment

                                    • LilBro
                                      #10
                                      thats a shame....didnt they just recently layoff 1000s....

                                        Comment

                                        • Dancelina
                                          Confirmed User
                                          • Sep 2006
                                          • 1840
                                          #11
                                          $28 million for four months
                                          great

                                            Comment

                                            • pornmasta
                                              Too lazy to set a custom title
                                              • Jun 2006
                                              • 19839
                                              #12
                                              it is so stupid, and later they will complain it is not working

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