The BoD had the audacity to grant these bonuses despite the fact that HEB cut the salaries of its non-executive employees in Jan 2009. Despite the fact that the CEO received more than $1M in compensation in 2008. Despite the fact that the CEO received almost $3M in compensation in 2007.
Thats a riot....
All employess were paid half in stock...
as of today those 40 cent shares are worth 2.75
Nice little bonus for everyone....
including dr C....
Many CEO's in lieu of a salary are compensated with stock options. Upon exercising of the options their compensation for employment is realized. If you look at the "Insiders", William Carter's salary is N/A which is not applicable. I don't begrudge Carter or anyone for making an honest living...Do You?
What this guy do besides nap?
Richard C. Piani
Hemispherx Biopharma, Inc.
Philadelphia , PA
Sector: HEALTHCARE / Biotechnology
82 Years Old
RICHARD C. PIANI, 82, has been a Director since 1995.
Actually, $150K puts them in the top 10% of earners nation-wide. For being members of a board of a company that's hemorrhaging money year over year...for meeting once a month for an hour. Think about it. To state that $150K annually is nothing just shows that you're either a) completely out of touch, or b) an idiot. Which is it?