Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (293472)	7/10/2006 4:26:22 PM
From: tejek	of 1577179

seems to contradict your former post below" Not really. If stellar performance gets stellar compensation, yet poor performance gets stellar compensation, doesn't that weaken the correlation with performance? At that point, the correlation is with being CEO, not how well the company performs. How about VTSS where the CEO got a nice compensation package and performance was less than stellar due mostly to market conditions......or so it would seem? And who then it turns out made backtracking options a spectator sport. The epilogue of that whole fiasco is that the CEO got fired; the board hired a new CEO and promptly backtracked option payouts for him; and then hired a CFO at a million dollars a pop who commutes weekly from AZ. Can someone fire the board please?

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