It’s worth it if he rights the AIG ship, but not if it continues to list. I say delay his compensation until enough years of experience are available and the reserves have ‘aged’ enough, and corporate changes he directed have been proven to be worthwhile ventures / actions, to ensure profits resulted from his stewardship. After all, what’s the hurry to pay him?
Nothing is wrong with that, but he didn’t add any value: “AIG’s stock has dropped 13 percent since Duperreault took charge of the company last May.” How can you justify that he deserve a raise if he’s DEvaluing the business?
Pretty hard to justify for a company that has been and continues to go downhill.
It’s worth it if he rights the AIG ship, but not if it continues to list. I say delay his compensation until enough years of experience are available and the reserves have ‘aged’ enough, and corporate changes he directed have been proven to be worthwhile ventures / actions, to ensure profits resulted from his stewardship. After all, what’s the hurry to pay him?
Typical American CEO B.S. business
What’s “BS” about paying someone a fair wage for the value they added to a product, process, or company?
Nothing is wrong with that, but he didn’t add any value: “AIG’s stock has dropped 13 percent since Duperreault took charge of the company last May.” How can you justify that he deserve a raise if he’s DEvaluing the business?
Hell No!