Any one know how many millions of dollars upper echelon management received in increased salary and benefit in a down year -09- compared to salary and benefits of -08 an up year? I think share holders need to start taking a more active role in share holder meetings to address many of these inequities. It's time to bring a stop to share-holder abuse.
Continued: From Charlotte Business Journal. King received: Salary $900,000 bonus $373,691 stocks $582,334 Stock options $881,987 non-equity incentive- $1,020,000 Pension plan change $1,280,000 Other comp $111,676 Not a bad increase in salary and benefits for a poor year performance. Common stock holders took a 75% reduction in dividends because of the poor year. Doesn't seem fair to me.