Apparently, you can totally fuck up a company's bottom-line, and still cash a pretty hefty paycheck.
24/7 Wall St. (via MSNBC) has just published a list of the top executives who continue to receive multi-million dollar salaries, even as the stock prices of the companies they run, plummet.
Here are a few examples:
Laurence Fink
Company: BlackRock Inc.
Total compensation: $23,839,294
Change in stock price: -17.9 percent
Tom Ward
Company: SandRidge Energy Inc.
Total compensation: $21,756,257
Change in stock price: -22.4 percent
John Chambers
Company: Cisco Systems
Total compensation: $18,871,875
Change in stock price: -31.4 percent
Oh man, what I wouldn't give to be at the next shareholders meetings for any of these companies. Click here to read about a few more of the guys who are still getting paid for doing, seemingly, nothing.
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