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Nuance Communications (NUAN) Message Board

  • opalockamishabob opalockamishabob Feb 17, 2013 8:51 PM Flag

    Not Close to "apples-to-apples" but...

    The CEO of ULTA [cosmetics] is leaving the extremely successful company he has CEO'd for the past number of years to help get "Michael's" [the largest specialty retailer of arts, crafts, framing, floral, wall decor, scrapbooking, etc] into a better position and increase the store's bottom line.

    HisTOTAL compensation for the year 2012 was $3.76 million dollars. ULTA stock went from $13.50 in March, 2008 to a high of $103.52. in August, 2012.

    Paul Ricci is the CEO of NUAN. In March, 2008 NUAN stock was $16.68. It's all time high was $31.15 in February, 2012.

    Paul Ricci's total compensation was TWENTY MILLION, SEVEN HUNDRED TWELVE DOLLARS.

    Before anyone begins to criticise me for not comparing apples-to-apples, in my defense I'd have to ask you question...

    Regardless what industry Mr Ricci's company is in, has Mr Ricci's "efforts", since 1992, on behalf of his company's shareholders, really worth 550% [over and above] the 2012 compensation of ULTA's Mr Rubin?

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    • Opal, I don't know if the mention of the shindig in Hawaii is true but it wouldn't surprise me. There was a article some time back that had Ricci in the top 10 in compensation for CEO's of publicly traded cos. At that time, it was stated that he made 40 million in one year. NUANCE BOD's seems content to feed themselves with no intention of increasing profitablility. What a gig they have. Ever since I bought my first shares, I've been waitng for the big event, big announcement, or big blowout. It NEVER happens and I just am at a loss to understand it. The APPLE deal has never been disclosed and we don't even know for certain if they are behind Siri. Ricci better do well at the upcoming HIMSS and conference in Atlanta. Here again, I'm hoping like always. Today is a good day as NUANCE is unchanged!!!!!!

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