Is Niblock Still Commuting in a Lowe's Helicopter?
I understand Robert Niblock's contract requires Lowe's to fly him to and from work (from Winston-Salem to Mooresville) in a high-end helicopter. You would think in this economy and in an effort to cut expenses, Niblock could ride in a limo or even drive himself. How is this company going to improve earnings in this economy when senior management intends to continue living the lifestyles of the rich and famous ?
Yes, the helicopter is still flying. However, it is not used by executives to commute back and forth to work. That is ridiculous. And they do not have drivers and limos taking them to work either. They drive themselves.