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ModusLink Global Solutions, Inc. Message Board

  • occupycomments occupycomments Jan 31, 2013 11:25 AM Flag

    Steven G. Crane

    Since joining the company in 2007, Steven Crane has done nothing but lead this stock downwards. How does Mr. Crane still have a salary of $400,000 and a total comp of $731,898. Give these people an incentive to bring growth/value to the company. Tie their salary to their performance or get rid of them. They obviously have no clue.

    Sentiment: Sell

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    • Simple...the board is spending "other people's money" and does not care...somehow Wall Street wants to make us beleive that salaries for guys like Crane are set by market forces; but they are not...they are set by rich folks on a board that could not care less about our money.

      After the Tech for Less loss I would think there would be more changes...I know at least a hundred well qualified CPA's that would work for $200k and a bonus...$700k plus to help us lose money every year...Company had to hire a consultant to see we needed to cut expenses...huge loss in corporate value and managment still has a jobs...makes me sick!

      Crane should go to work for the US postal Service or FANNIE MAE where losses are a way of life. Better year make him buy shares and lose his own money for a while...

      This board is bad...vote HNH/Steel Partners

 
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