Who lost a 100 million euro bet and still kept his job? TNT

Discussion in 'UPS Discussions' started by aJimCaseyUPSer, Feb 1, 2013.

  1. aJimCaseyUPSer

    aJimCaseyUPSer New Member

    Well? Maybe it is time for a new CEO? An maybe we can find a more qualified person at 25% of the salary we are paying our present CEO?
  2. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    Our CEO makes very little compared to many other large companies.
  3. Bubblehead

    Bubblehead My Senior Picture

    They ALL make way too much!!!
  4. yonnko

    yonnko Member

    And we still drive old bones with no power steering

    HEFFERNAN Huge Member

    If you meant the New York Yankee infield, then YES you are correct !! :peaceful:
  6. 1989

    1989 Well-Known Member

    you can't blame the CEO...they work for the board.
  7. kingOFchester

    kingOFchester Well-Known Member

    Supply and demand. Regardless of what people may think, the most important concern for a publicly traded company is to make as much as they can for the stock holders. Top CEO's are pursed by the top companies. This is not to say that there are not bad CEO's or that our CEO is good for UPS, but the reason S&P 500 companies pay the salaries they do for their CEO's is because they are competing against each other in hiring their top level staff.
  8. iruhnman630

    iruhnman630 Well-Known Member

    I have yet to hear anything about why the EU blocked the purchase...??
  9. moreluck

    moreluck golden ticket member

    UPS Adandons TNT Express as EU Moves to Reject Takeover - Bloomberg

    EU antitrust regulators block 5.2 billion euro UPS, TNT deal - Yahoo! News
  10. iruhnman630

    iruhnman630 Well-Known Member

    The ceo market disagrees.
  11. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    They felt it may create a duopoly.
  12. sortaisle

    sortaisle Livin the cardboard dream

    I agree that all CEO's make way to much money. We have the highest CEO to employee average in the world. A lot of top companies in Japan pay their CEO's on average of 11 times the average grunt wage. We're in the 231 times area. No CEO is worth 231 times the average salary. Few are worth 11 times...if any!
  13. Anonymous 10

    Anonymous 10 Guest

    Check out the CEO of Costco. This guy makes about 200k a year. We need a guy like this. Someone who wants to work for the challenge and love of it.
  14. thessalonian13

    thessalonian13 Active Member

    A-Roid is not overpaid!!!!!!!
  15. thessalonian13

    thessalonian13 Active Member

    And how much does he get in stock options? All ceo's get paid low salaries and get lots of stock in lieu of salary so they can be taxed at a 15% rate instead of of 39% rate. That's how Romney last year year was taxed at 13.9% for his millions of $$$$ and us schleps get taxed at 20%-28% for our salaries. (depending on how much our spouces make and what tax rate we fall into.)
  16. Anonymous 10

    Anonymous 10 Guest

    Yea you got me there
  17. Monkey Butt

    Monkey Butt Dark Prince of Double Standards Staff Member

    Obviously you don't know much about stock options.
    The base price of the stock awarded is taxed as normal income.
    The difference in the base price and award/sell price is taxed as capital gains.

    If you are getting taxed at a 20-28% rate, you need to get someone else to do your taxes.
    The highest Federal tax rate I ever paid was 17% when my wife and I were working and I had a good year trading stocks without holding them for 1 year (taxed as normal income).
    Last year my effective tax rate was less than 12%.
  18. aJimCaseyUPSer

    aJimCaseyUPSer New Member

    All I have to say about the following:
    is: "Mark it zero Dude"!
    Do you really think he deserves roughly 6 million dollars in salary and stock options each year?
    "Laughable!" IMHO
  19. bigblu 2 you

    bigblu 2 you Active Member

    cry me a river.
  20. aJimCaseyUPSer

    aJimCaseyUPSer New Member

    Slightly different subject - but our board gets paid way too much also!