Jeff Weimer
2011-11-06 06:56:26
“We” don’t hand the CEO anything. Those “golden parachutes” are contractually obligated, and are handed to him by the board, who negotiated it. Do I like it? No. But it’s a corporate governance issue. If one were sufficiently exercised about it, buy some of the company and exercise your right to vote your shares to stop that from happening.
