This should be a wakeup to all the world's stockholders.
Executive's pay should NEVER increase in a year when the company value drops even 1% and especially not with a loss of 28%.
Unfortunately, this happens frequently because the CEOs of various companies sit on the Boards of each other's companies.
Then they scratch each other's backs by signing juicy contracts that ensure the CEO receives huge compensation whether they grow the company or drive it into the dirt.
Research Carly Fiarino's fall from grace. She made millions in severance pay AFTER driving HP into the dirt.
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