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Frontier Communications Corporation Message Board

  • swp3 May 2, 2013 10:48 AM Flag

    That's the FTR we know and love.

    Market up and FTR dropped like a rock. Hey cold snap coming sell some nat gas.Maggie. u seem to have a lot

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    • Not only is it down, but on the low of the day with 20 min to go... :-(

      Sentiment: Hold

    • I'd like to know the amounts of Maggie's 2012 cash bonus and bonus stock awards.

      Is it time for the FTR BOD to get a tad more conservative with Maggie's comp considering that the stock first dipped under $4 about one year ago?

      We'll see. I think it will be less than last year.

      But the thing is to a great extent it's up to Maggie.

      So I'll guess a cash bonus of $800k and stock worth about $3 mil.

      For a total comp of about $5 mil.

      Any other guesses?

      • 1 Reply to mr_dinky_dot_bomb
      • Jeez -- I got two thumbs down for talking about Maggie getting reduced comp.

        OK, OK -- give her the $6 mil like she got last year. But last year she roped in in all those "synergy savings" to earn her bonus.

        This year she could be due the bucks for firing the CFO, who was the guy who measured all those valuable synergy savings, and of course there's the recent Frank the American Buffalo campaign -- because it's the CEO's job to establish best marketing practices and the BOD may consider Frank as a vehicle to generate future "synergy revenues".

        And then of course there's the refi of the debt due in 2015 & 2017 to consider. Paying the big call premiums and locking in FTR as a payroll and retirement machine for executives & BOD may be enough to take Maggie over the top again to the land of $6 mil.

        So to those critical of my prior position, I withdraw my prior critical post to join those that want Maggie well paid.

7.035-0.015(-0.21%)9:47 AMEDT