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The Dow Chemical Company Message Board

  • ssam ssam Mar 25, 2007 9:39 PM Flag

    Andrew's Salary

    AP reported that Andrew made 11.9MM last year while Dow's stock went down more then 20% with all the rumor of takeover (think about where Dow's stock will be without the takeover rumor). In case you do not pay attention, DJ30 index went up more then 35% in last 2 years. How is the current pay for performance system worked in Dow or we are simply ripped off by the BOD. If Andrew is doing a such good work and only thing put the stock down is market, he should do what John Chambers (CEO of CISCO) did, pay himself $1 and get the rest of his compensation from option, the option should only be in the money only when Dow stock reaches $55X(1+35%) within 2 years.

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