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Bed Bath & Beyond Inc. Message Board

  • gestumble gestumble May 14, 2009 9:44 AM Flag

    CEO Temares: $8.5 million in 2008 up 32 pct YOY

    http://finance.yahoo.com/news/Bed-Bath-amp-Beyond-chief-apf-15237199.html?.v=2

    "CHICAGO (AP) -- Bed Bath & Beyond Inc. CEO Steven Temares received compensation the company valued at $8.5 million during the past fiscal year, an increase of 32 percent" [...]

    "Temares' base salary rose 20 percent to almost $1.5 million in 2008 from $1.3 million the year before" [...]

    "Most of Temares' compensation came from restricted stock and options valued at $7 million. That's about 35 percent more than the $5.2 million he received in 2007 in stock and options"

    I am so happy his rewards are commensurate with company performance:

    "For the full year, the home decor chain earned $425.1 million, or $1.64 per share, down almost 25 percent from fiscal 2007, when its profit was $562.8 million, or $2.10 per share. [...]

    Bed Bath & Beyond shares fell $1.35, or 4.8 percent, to close at $26.94 Wednesday."

    I shoulda been a CEO!!!!

 
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