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Commerce Bancshares, Inc. Message Board

  • oldsmarties oldsmarties Feb 8, 2008 11:24 AM Flag

    Kempers rewarded again

    Looks like the compensation committee liked management's efforts in 2007, even though the stock price ended lower at 12-31-07 than the adjusted closing pirce at 12-31-06. Recent 8-k filing reflects an abnormally high increase in managment's SARs(Stock Appreciation Rights) , with all of the top execs getting over a 15% increase and a couple getting 22%. Interesting tidbit in the report also now reflects 2 EVPs making same salary as one of the Vice Chairman

    Wish the stock could have had a similar run up in value, but at least we are taking good care of the team!!!

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    • Envy is a waste of energy. Yea, the insiders in most Corporations screw the minority stockholders but it's the way the world works. CBSH isn't as bad as many and those that don't exploit their leverage to enrich themselves are very few. (GRMN's Mgmt. being and exception) Anyway you would be wise to live with what you can't change and figure out what is helpful to you. CBSH stock is a pretty good investment for people of as conservative bent. WW

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