In most cases options are given at current price at issue and are good for a 10 year period. Will BBT not have any gain in the share price for the next 10 years? I think the majority of companies will have some kind of increase in a full 10 years period regardless. However, the options given were given for past performance is my understanding.
Is there anyone out there that can explain what could possibly justify the millions of stock options given to Kelly King and the executives of BBT? If I read the proxy correctly Kelly King was given millions of stock options for the following results. BB&T missed the last four quarters of earnings estimates according to Yahoo. Yes, that is correct BBT missed every quarter's earnings estimates in 2015. The per share stock price was $38.89 on December 31,2014 and ended at $37.81 on December 31,2015. I just don't understand how anyone could believe that this type of management deserves big rewards.
My point was and still is the fact that the top executives and Board of Directors were well paid for the increase in the per share stock price when it was increasing and even during your April 1997 until my figure from December 1998. Now that the price per share has not increased above the 1998 price and is actually about 20% below the 1998 price not including any increase for the decrease in the value of a dollar. Just how much have the shareholders paid the executives and BOD for their efforts which have not done much for the shareholders (owners) of BBT? It appears to me that these people have not shouldered their fair share of the pain especially with these results.
on 12/31/1998 the price for a share of BBT was $40.31 each. The closing price on 2/5/2016 for a share of BBT stock was $32.06. The dividend per quarter end of 1998 was 17.5 cents per share and the current dividend is 27 cents a share.
In 1998 the Board of Directors and the top executives were getting paid for a growth company and the share price was increasing greatly. What is the current Board of Directors and top Executives getting paid to do?
Just wondering if anyone has current compensation figures verus those in 1998?
Just wonder how much the BOD will give the senior executive team and Kelly KIng for 2015. It might pay the stockholders to pay close attention to the above. This is a team that has missed estimated earnings for all four quarters of 2015. Just how much is that worth to the shareholders (owners) of this company?
Yes, John Allison was indeed competent especially at improving his total income from BBT. Just what did the shareholders get from the bank increasing in size?
This is true, but you just need to really appreciate all the money and benefits that Allison, King, the top executives and BOD have received since then.
Big article in the local paper about the following.BBT is buying Susquehanna Bancshares and now it comes out that the top five executives of BBT including King are in line to receive $2.6 milliion in extra bonuses in addition to their other pay and benefits.The bonus is for "merger completion" payouts. So they get paid to do the deal and then get extra bonuses for doing their jobs and integrating the company onto BBT network. My understanding is this is not normal and highly unusual way of doing business. What next does BBT's Board of Directors give an additional bonus for the executives that show up for work on time. The merger integration would normally be considered a part of the executives normal job function.