Compensation

Just A Car Guy ponders the insane raises some CEOs make:

TRW CEO John Plant got 510% raise over his 2009 salary of 6.7 million
Ford CEO Alan Mulally 524% raise… yet his company has 14 billion in debt
Johnson Controls’ Stephen Roell 424% raise

So… did those 3 companies make 4 to 500% better business decisions? Better profit? Better products?

Disgusting, but not surprising.

Leave a Reply

Your email address will not be published.