His fund is up 35% for 2014, and he'll personally make over a billion dollars.
How'd you do? You lose that 5 pounds? Or just a few thousand on this lump of coal?
...but I'll bet if he was ever pulled over for speeding, it would make the 11 o'clock news...
"Reckless Rail CEO Shows Contempt for Taxpayer-funded Highway."
The two national newspapers of Canuckistan, both of which, since Lac Megantic, have become gleefully adept at reporting every railway labor union quote, any rumor of a squeaky wheel on a boxcar, any noise complaint from history-revisionist neighborhoods, have gone radio silent on the news of Harrison being named ROTY.
It muddies the waters for them and the arc of their info-tainment narrative.
Individually transforming the future competiveness of the Canadian economy?.... AND without one red cent of taxpayer money! ---- Well, that's no big deal in the "land o' government largesse".
If Harrison owned a few Tim Hortons outlets, or had some connection to hockey,...well, then he'd make the "news". Heck. he'd likely be given a hero's parade down Moose Pasture Road.
Is that right? Well, we were told by a giddy, breathlessly happy (!?) poster here earlier that there currently aren't any GoPro cameras left for anyone to sell.
So what would Apple be selling to these customers who come in the door with their Xmas gift money looking desperately for somewhere to go ? GoPro rain checks?
If Apple is using the word 'drone', then Apple just instantly became a bazillion dollar company. That's how it works.
And for "trivia" buffs: CSX will book an operating ratio of between 71 and 72% for the year 2014. This is after their oft repeated and continued promise of "improving efficiency".
That's 3 points better. In 5 years.
Meanwhile, CN is on track to report an OR of around 60%. That's 7 to 8% better, from a railway that had already wrung out a TON of improvements by 2009.
I won't even bother to mention what Hunter did in just the 2 years he's been at CP....it's not even the same league.
There's "good", as you say.
And there's "good enough", as CSX management thinks, enabled by shareholders like you,
And then there's "better". You know who that is.
The CEO of the Year recorded an OR of 74.7%. During these very depths of the financial crisis, CSX revenues were down 15%, with net income down 22%.
Meanwhile, over at CN Harrison booked an OR of 67.7%. Revenues were down a similar 13%, but bottom line earnings dropped only 2%.
So congratulations, Michael Ward. Obviously, you were chosen Railroader of the Year for 2009 based on your amazing job of guiding CSX through this difficult time with exemplary skill.
BTW putz ...you might want to rethink that last sentence. Kind of creepy and "red flaggy" in today's environment.
He sure did.
Please remind me...what major achievement, or improvement, or innovation....or whatever....did CEO Ward oversee or accomplish or execute that year?
100% serious. You people are more familiar with the detailed operations history of CSX than I am.
Illustrate ---- using a fact or two ----why I'm so "off-base" in my opinion that CSX management is an entrenched, unmotivated, incompetent bunch of tired old cronies clinging to their corner offices and perks.