View Single Post
Old 01-29-2013, 12:17 PM   #11
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 

Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $5480
Quote:
Originally Posted by Amnorix View Post
When a company is in significant financial distress and its options have been rendered worthless, there is a high incentive for very senior management to leave the company. That is basically the WORST thing that can happen to a company that is already in trouble.

Structuring packages for senior executives to stay through troubled times is very, very standard. I won't comment on how rich those packages were. Maybe there were too much, I dunno. I'm not going to analyze each one and compare to industry averages. The point remains, however, that companies in trouble need to incentivize management to stay.
Yes but common sense says that if the senior managment was so important and worth keeping then how did they let the company get in a bad way in the first place?
__________________
"Finally, anyone who uses the terms, irregardless, a whole nother, or all of a sudden shall be sentenced to a work camp."

Stewie Griffin
Posts: 65,618
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
  Reply With Quote