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SUPERVALU Inc. Message Board

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  • longpickuptruck longpickuptruck Jan 13, 2012 4:56 PM Flag

    Problem is sky high pricing

    I agree there is a great spread between labor and mgt. And, I agree with you but we are talking about 2 different things. The salary and benefits of management is a big sore spot with me. Management belongs to the owners of the company, in SVU's case the stock holders. I believe the owners have laid down on the job of taking care of their interest. It is rediculous that mgt such as the CEO and upper mgt receiving millions of dollars in salary, benefits and bonus. These benefits are doled out by the B of D's to upper mgt. In my opinion there is great collusion between these two, probably fraud.
    Remember, the B of D's is recommended by mgt and most influnencial in their seating. Who do you think has the biggest hand in appointing upper mgt, the B of D's?
    The stock holders are being deprived of a much higher dividend because of extreme high mgt benefits that in my opinion are unjustified.
    If employees of any company were smart, they would buy company stock and in a short time own the company and enjoy all the profits. Think about it.

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