Under Armour CEO takes big Pay Cut

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Col Hogan
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Under Armour CEO takes big Pay Cut

Post 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
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Re: Under Armour CEO takes big Pay Cut

Post 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.
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Re: Under Armour CEO takes big Pay Cut

Post by Ivytalk »

Pretty soon he'll be down to his "skivvies"! :P
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Re: Under Armour CEO takes big Pay Cut

Post by AZGrizFan »

I am sure he'll be just fine...
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Re: Under Armour CEO takes big Pay Cut

Post 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.
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Re: Under Armour CEO takes big Pay Cut

Post by Wedgebuster »

He'd be willing to give ya the shirt off his back.
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Re: Under Armour CEO takes big Pay Cut

Post by 93henfan »

cheryl963 wrote:Now I will read time to time that...
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Re: Under Armour CEO takes big Pay Cut

Post by SunCoastBlueHen »

cheryl963 wrote:Now I will read time to time that...
St. Lawrence...

They must be in the NEC, no?
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Re: Under Armour CEO takes big Pay Cut

Post 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
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Re: Under Armour CEO takes big Pay Cut

Post 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. :thumb:
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Re: Under Armour CEO takes big Pay Cut

Post 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.
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Re: Under Armour CEO takes big Pay Cut

Post 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.
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Re: Under Armour CEO takes big Pay Cut

Post 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. :ohno:
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