If the board was totally unbiased, they would now fire LJ and void his contract for total lack of ability to acheive any of his ORIGINAL objectives. The board should offer him nothing.
But we all know the board will be watching out for LJ, because LJ will cut deals as the sale initiates for the board members and higher ups..
It is all a game to these assholes. They tell you they care and then they fail, and say they are going to sell the company to increase shareholder value.
AnyOne could have done that 6 years ago when he came on board... we did not need to pay him a hundred million dollars to sell the company and place the company debt at junk bond status.
I STRONGLY RECOMMEND ALL STOCKHOLDERS AND EMPLOYEES WRITE LETTERS TO THE BOARD DEMANDING THAT LJ BE FIRED FOR INCOMPETENCE. I SUGGEST THAT YOU DEMAND THEY DO IT IMMEDIATELY. IF THEY DO NOT YOU SHOULD GO TO YOUR UNIONS AND ASK THE UNIONS TO SUE THE BOARD ON YOUR BEHALF BECAUSE LJ AND HIS SUPPORTING CAST COST UNION MEMBERS TO LOSE THEIR JOBS. IF ANY ALBERTSONS EMPLOYEE SCREWED UP HALF AS BAD THEY WOULD HAVE BEEN WRITTEN UP AND FIRED WITH NO SEVERENCE AFTER ABOUT 2 MONTHS OF HIS KIND OF PERFORMANCE
WRITE THE BOARD AND MAKE A DIFFERENCE. TELL THE UNIONS TO DO THE SAME.