On December 13, 2004, the Compensation Committee of the Board of Directors of Journal Communications, Inc. (the "Company") approved annual incentive award targets for 2005 for the Company's executive officers pursuant to the Management Annual Incentive Plan. Corporate executives may earn cash bonuses on the basis of a combination of (a) the Company's 2005 revenue growth and return on equity and (b) an assessment of each individual's performance. Presidents of the Company's subsidiaries may earn cash bonuses on the basis of a combination of (i) the Company's 2005 revenue growth and return on equity, (ii) an assessment of each individual's performance and (iii) the subsidiary's performance in 2005 relative to financial targets that vary among the subsidiaries, including revenue growth, pretax return on sales, return on invested capital, newspaper circulation and value added by manufacturing growth. The threshold, target and maximum annual cash bonus that may be earned in 2005 is 22.5%, 48.75% and 75%, respectively, of base salary for the Company's chief executive officer and 12-21%, 26-45.5% and 40-70%, respectively, of base salary for other executive officers.
Could this new BS be the telling sign that the J/S will be bought out?Is this the Golden Horseshoe the Big boys will get will a increase in the value of the stock with a buyout of the Company?Lets face it,who would want any of these guys around.