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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: Georgeb who wrote (15692)	8/7/2000 2:44:57 PM
From: Georgeb	Read Replies (1) \| Respond to of 21876

This story from a wireless trade magazine: Lucent CFO’s Bonus Bank Deborah Hopkins, Lucent’s new chief financial officer hit the jackpot with her new job. According to papers filed with the Securities and Exchange Commission, Hopkins scored a $4 million cash bonus for signing on earlier in the year, plus a $650,000 annual salary and a possible $650,000 annual bonus based on the company’s performance. Although she has not been with the company for the entire fiscal year, Hopkins, formerly an executive with Boeing, will collect the entire performance bonus this year, according to reports. The astronomical bonus isn’t the first for high-tech and other corporate executives and likely won’t be the last. Last month in the U.K., an institutional investor advocacy group publicly balked at the $15 million bonus given to Vodafone AirTouch CEO Chris Gent for executing the takeover of Germany carrier Mannesmann AG.