#execcomp

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Another $1.5 million down the drain

We have no money for you it belongs to the Execs.

DXC Technology reported that EVP, CES Venkataraman Ramanathan received an equity grant in the form of restricted stock units. The award covers 158,155 shares of common stock, granted at no cash cost per share as part of compensation.

Each RSU converts into one share of common stock when it vests. The RSUs are scheduled to vest in three equal annual installments beginning May 12, 2027, spreading the benefit over several years. After this award, Ramanathan holds a total of 244,935 shares of common stock, including unvested RSUs.


More for Him, Less for Everyone Else: Five Years of Waters Corporation

Since Udit Batra took over as President and CEO of Waters Corporation in September 2020, his total compensation has risen approximately 146% - from $5.7 million in his first partial year to $14 million in 2025 - while the company’s financial performance has largely stagnated. Revenue grew modestly from $2.37 billion in 2020 to $2.96 billion in 2024, a rise of around 25%, and net income actually declined from its 2022 peak of $708 million to $638 million in 2024. The most glaring disconnect came in 2023–2024, when earnings were flat to negative yet Batra received a 27.6% pay increase. Over the same period, the company’s workforce has shrunk. After growing to a peak of 8,200 employees in 2022, Waters cut roughly 328 jobs in a formal 2023 layoff round - approximately 4% of global headcount - and has continued to shed staff, ending 2024 at 7,600 employees, a net reduction of around 700 from the peak and below where the company stood when Batra arrived. Batra himself has cited the headcount reductions as a management success, pointing to flatter org structures and tighter spans of control, while employee reviews describe a culture of ongoing layoffs, increased workloads, suppressed pay, and leadership disconnected from the workforce. In sum, Waters under Batra presents a picture of a CEO whose compensation has substantially outpaced both the company’s financial results and the fortunes of its employees.​​​​​​​​​​​​​​​​


Comp

SLF = ~$23M in 2025
The toohster a cool ~$5M.

I hope the board owns up and slashes their salaries equal percentages to stock drop - ~30 percent following the stock drop since Jan 1. Least they can do.

Actually when they sell company off hopefully they don’t get any severance either.


Here’s some staggering layoff math for you…

In 2025 Nike’s seven highest paid executives were paid a combined $101,255,247.

If you assume the average Nike corporate employee in Beaverton makes $115,000/year, that means in 2025 those seven executives made the same amount of money as 880 Beaverton employees. Combined.

Remind me, how many Beaverton employees were or will be let go this week? Isn’t that number in the same neighborhood as 880?

Sometimes I wonder, “Why do facts like THIS never seem to garner the attention, and understandable anger, they deserve?” I mean, if those execs were simply paid half that amount they’d STILL be incredibly well-compensated and incredibly wealthy. And 440 jobs could have been kept with no net, negative outcome to Nike’s financial bottom line.

But that wasn’t a priority, was it?

Even now, those execs could voluntarily take a substantial pay cut as a gesture of good will towards those employees laid off and those who remain. But does anyone want to bet money on that happening? Yeah, I wouldn’t make that bet either.

There’s plenty to be mad about with these layoffs. Unfortunately most people will continue to ignore the gross, frankly disgusting pay inequity that - as I demonstrated above - had a direct and negative impact on hundreds of employees and the families who rely on those people.

If you aren’t fuming mad, you aren’t paying enough attention to the corporate looting that’s occurring right under your noses.


Executive did appear to be capped 2%

I guess it was just us losers that were capped at 2% for year end raises.

https://www.bizjournals.com/twincities/news/2026/04/22/unitedhealth-group-2025-executive-pay.html?csrc=6398&link_source=ta_first_comment&taid=69e97d495f63f3000182be6e&utm_campaign=trueAnthemTrendingContent&utm_medium=social&utm_source=facebook&fbclid=IwY2xjawRXVSxleHRuA2FlbQIxMQBzcnRjBmFwcF9pZA80MDk5NjI2MjMwODU2MDkAAR7VMghT_BcGjhLthlGc8AjYWRw7zyNzejxKIjj8rRYtyXA5yh3zbMPlvRFnow_aem_YvvcnSs-EcJHF1DpOrIRnA


Expense Control

I am glad that my manager has kept my merit increases at a average of a reasonable 2% for the last few years so that we could 1) increase shareholder value, 2) keep staffing expenses manageable and 3) fund higher salaries for the top two executives at BNY. Source = 2026 Executive Comp slides from the Proxy Statement.

Discussions and counter views welcome.


Core consolidation stopped??

So Mike commented today that core consolidation has stopped? What’s this fuss all about. Why did they say core consolidation in the first place? Are they out of their mind?? Said such things such so Jack Henry and FIS can poach our clients?… just so weird. Can he shoot straight with the swaggering compensation package he currently gets?


C-suite Pay

Anyone see the disclosures of the C suite pay? Some notes

  1. GK got about $17MM. AC $19MM. Note GK’s pay went up 60%!!!
  2. They were reimbursed about $150k for personal financial planning.
  3. Gunjan was reimbursed $300k for her housing here, commuting back to her home state and personal use of private jet
  4. AC still got $8k of personal home security paid for
  5. Jodi got a THREE MILLION DOLLAR retention bonus

Meanwhile everyone else gets a 3% bump tops, 20% no raises and they actually wonder why trust in the MC is low? Kinda funny actually.

https://d18rn0p25nwr6d.cloudfront.net/CIK-0000036104/39f53130-145f-4bed-bfad-5ad9c29f97e8.pdf


Edward Jones 10-K and ELT Compensation

Are you all ready for the 2025 10-K to come out in a few days and see PP and the soulless ghoul squad all getting another 8-15%+ bump.

Our hollow shell of a MP is about to make $30-33M+ and the rest of her sycophant cronies $20-25M+!!!

But we need to manage our costs and get more efficient folks!!!!


A tale of two companies CEO’s - you be the judge

Wells Fargo Net Income (2025): Approximately $21.3 billion,

Wells Fargo CEO and Chairman Charlie Scharf was awarded a $40 million compensation package for the 2025 performance year, a 28% increase from the $31.2 million he received in 2024

Wells Fargo & Company's (WFC) market capitalization as of December 31, 2025, was approximately $288.23 billion.

VS.

NVIDIA's net income for the full fiscal year 2025 (ending January 26, 2025) was $72.88 billion. In fiscal 2025 (ending early 2025), Nvidia CEO Jensen Huang’s total compensation package was approximately $49.9 million, driven heavily by stock awards. 

On December 31, 2025, NVIDIA's (NVDA) market capitalization was approximately $4.53 trillion,


You’re looking at it wrong. I think Jane is a genius.

Forget ethics, what’s right, what’s wrong, what makes sense.
Amongst all the noise, she’s protected herself and has managed to convince everyone that it was the right thing to do to give her a HUGE bump in pay multiple years in a row+bonus+stock awards all the while laying people off.

No push back, no votes, no bartering….just BAM!!! It all happened the way she wanted as she wanted.

How is that not smart of her to benefit while others are suffering. She’s got a laser focused mind on taking care of herself. How is that not smart of her?


Bridget Engle is Despicable

Bridget Engle, whose 2024 compensation was $22.11 million, admitted on a town hall call today that employees were being forced to sit on the floor due to lack of space. This is reminiscent of textile mill workers who were forced to wear diapers because they were not allowed sufficient bathroom breaks. Ms. Engle should be ashamed and embarrassed at this inhumane treatment. The fact that she can casually admit this shows her complete lack of empathy and awareness. Her NUMBER ONE priority should be immediately resolving this issue, publicly apologizing to all employees, and personally apologizing to the affected employees.


New CEO and layoffs at Longeveron

On February 9, 2026, interim CEO Than Powell resigned from his temporary role at Longeveron but remained with the company in business development, as the board appointed veteran biotech executive Stephen H. Willard as permanent CEO effective February 11, 2026. Longeveron tied Willard’s compensation to a mix of cash and equity, including substantial stock and option grants, while simultaneously imposing a temporary 50% pay cut on its CEO and executive chairman and rolling out broader cost-cutting measures such as employee furloughs and reduced board fees to conserve cash ahead of pivotal clinical trial milestones.

https://www.theglobeandmail.com/investing/markets/stocks/LGVN-Q/pressreleases/227165/longeveron-appoints-new-ceo-amid-cost-cutting-initiatives/


Wheel will turn for ELT

We work for a greedy, immoral company. I will openly admit that I am too nervous to move after 5 years. I am a coward.

This new comp plan is the final straw for me. And before you knock sales people, remember that 40% of our salary is at risk and we have no control
over what ships.

I never imagined working for a company that I now want to see fail so badly. I never thought it was possible to wish the worst on JC, MD and the rest of those pasty-faced, smug money-grubbers and their rubber-faced spouses.