Recent

% | $
Quotes you view appear here for quick access.

Sprint Corporation Message Board

  • fritzdutchrio fritzdutchrio Oct 9, 2009 2:49 PM Flag

    where's the management here!

    Have you not anything to offer this company. no news... speak up, defend your company!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • For the year 2007, Fortune Magazine awarded Sprint the title of, "Year's Second Largest Loser" when they posted a LOSS of $29,444,000,000 (yes that's $29.444 BILLION! - that's the year Sprint took a "goodwill" write off on nearly the entire Nextel investment!) Dan Hesse, CEO of Sprint, was awarded $1.2 million in salary for that year, and awarded an additional $2.650 million in "bonuses" (for what? DECREASING shareholder value?) He also was granted additional compensation in the form of stock and options.

      In 2008, when the company lost yet ANOTHER $2,796,000,000 (that's $2.796 BILLION!), Mr. Hesse earned $1,200,000 plus a "performance bonus" of $2,700,000 plus additional compensation in the form of stock and options.

      SO - where is Sprint's management on this situation? Where they have traditionally been! Laughing all the way to the bank!

 
S
6.66-0.12(-1.77%)Sep 29 4:01 PMEDT