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VIST Financial Corp Message Board

  • jacob166926 jacob166926 Dec 23, 2009 10:53 AM Flag

    CEO Bonus

    First Salary increase and now stock options in leiu of cash bonus...AMAZING! It is not like they need to give him this bonus for retention...who would want him!

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    • Actually, you are right. These days VIST's CEO doesn't have much in the way of "collateral value". He's way over his head. The value of any CEO, as I've said before, is their ability to enhance shareholder value. Buying back your stock shouldn't factor into this valuation formula. Either, way, I would rather see a CEO get options that they have to work for to increase their value and pick-up additional comp rather than a cash bonus. Particularly this CEO!