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Rambus Inc. Message Board

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  • starykozel starykozel Feb 4, 2008 4:05 PM Flag

    RMBS strong on a weak day. Earnings looks good?

    Is Rambus already plannig how to spend their "new money"? This is from their SEC report from dec 29; beir tager bonuses for 2008 are 3 to 4 times higher than in 2007:
    The Compensation Committee also established bonus target amounts under the Incentive Plan for the Company’s principal executive
    officer, principal financial officer and Named Executive Officers for fiscal year 2008. The bonus target amounts are set forth below:

    Name Base Salary:
    Harold Hughes $ 440,000
    Satish Rishi $ 318,240
    Laura Sue Stark $ 260,000
    Kevin S. Donnelly $ 273,650
    Thomas R. Lavelle $ 312,000
    Sharon E. Holt $ 312,000
    Martin Scott, Ph.D. $ 301,600

    Name Bonus Target Amount:
    Harold Hughes $ 440,000
    Satish Rishi $ 240,000
    Laura Sue Stark $ 195,000
    Kevin S. Donnelly $ 190,000
    Thomas R. Lavelle $ 240,000
    Sharon E. Holt $ 275,000
    Martin Scott, Ph.D. $

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    • 5 of 6 rmbs execs are ex Intel ..this group has been referred as the Intel M.... .. passed over at Intel they found rmbs ..

      how does this group raid the cash reserves ..???.. their salaries are miniscule compared to their quarterly "spot" bonuses .. last 6 quarters this group awarded themselves millions in spot bonuses ... unjustified and not reportable to shareholders as a line item .. their way to get around the classic "stock Option" sarbux issues ..

      beware ...

13.71-0.07(-0.51%)Aug 24 4:00 PMEDT