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Under Armour CEO takes big Pay Cut
Posted: Tue Mar 24, 2009 7:36 am
by Col Hogan
CEO Kevin Plank took a base pay cut last year from $500K to $26K...but kept over $1.47M in performance based bonuses...
Well, the company did not make the targets in the bonus, so he gets $26K as CEO...
Maybe some banks should follow this example...
http://www.baltimoresun.com/business/ba ... 5146.story
Re: Under Armour CEO takes big Pay Cut
Posted: Tue Mar 24, 2009 7:45 am
by dbackjon
Interesting - and that is the way it should be. Paying a CEO tens of millions up front is insane, and is SOCIALIST, not CAPITALIST.
Re: Under Armour CEO takes big Pay Cut
Posted: Tue Mar 24, 2009 8:49 am
by Ivytalk
Pretty soon he'll be down to his "skivvies"!
Re: Under Armour CEO takes big Pay Cut
Posted: Tue Mar 24, 2009 11:41 am
by AZGrizFan
I am sure he'll be just fine...
Re: Under Armour CEO takes big Pay Cut
Posted: Tue Mar 24, 2009 11:43 am
by wideright82
AZGrizFan wrote:I am sure he'll be just fine...
OF course he'll be fine. He found 26k in his Chinos when he took them out of the dryer.
Re: Under Armour CEO takes big Pay Cut
Posted: Tue Mar 24, 2009 11:49 am
by Wedgebuster
He'd be willing to give ya the shirt off his back.
Re: Under Armour CEO takes big Pay Cut
Posted: Mon Dec 27, 2010 4:11 am
by 93henfan
cheryl963 wrote:Now I will read time to time that...
Welcome to the board!
Re: Under Armour CEO takes big Pay Cut
Posted: Mon Dec 27, 2010 7:21 am
by SunCoastBlueHen
cheryl963 wrote:Now I will read time to time that...
St. Lawrence...
They must be in the NEC, no?
Re: Under Armour CEO takes big Pay Cut
Posted: Mon Dec 27, 2010 7:57 am
by dbackjon
SunCoastBlueHen wrote:cheryl963 wrote:Now I will read time to time that...
St. Lawrence...
They must be in the NEC, no?
That or the Pioneer
Re: Under Armour CEO takes big Pay Cut
Posted: Mon Dec 27, 2010 9:15 am
by kalm
dbackjon wrote:Interesting - and that is the way it should be. Paying a CEO tens of millions up front is insane, and is SOCIALIST, not CAPITALIST.
No, no, no Jon. That is neo-capitalism. It's very similar to neo-liberalism. This guy is clearly a disgrace to the producer class.
Re: Under Armour CEO takes big Pay Cut
Posted: Mon Dec 27, 2010 6:00 pm
by CID1990
UnderArmor donated all my skivvies when I was in Baghdad.
Unfortunately, for under a ballistic vest I find cotton to be much more comfy. I juts don't like that synthetic stuff rubbing my nipples all day.
Re: Under Armour CEO takes big Pay Cut
Posted: Mon Dec 27, 2010 6:45 pm
by Ursus A. Horribilis
CID1990 wrote:UnderArmor donated all my skivvies when I was in Baghdad.
Unfortunately, for under a ballistic vest I find cotton to be much more comfy. I juts don't like that synthetic stuff rubbing my nipples all day.
Now you know how that pocket pussy felt.
Re: Under Armour CEO takes big Pay Cut
Posted: Mon Dec 27, 2010 7:15 pm
by native
dbackjon wrote:... Paying a CEO tens of millions up front is insane, and is SOCIALIST, not CAPITALIST.
Your misology renders your words meaningless, jon.
