• FlashMobOfOne
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    1519 hours ago

    Found this in another article, regarding their CEO Tim Wentworth’s pay:

    Mr. Wentworth will receive an initial base salary of $1.5 million and will be eligible for an annual bonus with a target payout of 200 percent of base salary under WBA’s corporate bonus program, according to an Oct. 11 filing with the Securities and Exchange Commission. He will also be eligible for long-term incentives through the company’s omnibus incentive plan on terms and conditions set by the compensation committee. Subject to board approval, WBA will also provide Mr. Wentworth with an initial equity incentive award with a grant date value equal to $12 million, which is expected to be comprised of 50 percent performance stock units and 50 percent restricted stock units, each vesting over three years.

    Is it out of line to say this asshole is basically stealing thousands of people’s livelihoods?

    • @Death_Equity
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      618 hours ago

      No, that is a fair assessment of the situation.

      Just wait for him to bring in a consulting firm, if they haven’t already, and really fuck some people over.