Has anyone on this website ever walked a mile in Wayne's shoes? Look at what Wayne has had to deal with as the CEO of USAA:
- CEO tenure starting during worst pandemic in over 100 years
- $85M fine from the OCC in 2020
- $60M fine from the OCC in 2022
- $140M fine from FinCen in 2022
- $1.3B loss in company profits in 2022...the first losing year in the 100 year history of USAA
- $12.7B loss in company net worth in 2022
- Being forced to layoff over one thousand hardworking employees
These are tough times for Wayne. These are difficult problems for any CEO to deal with. The least the BoD could do was give Wayne a 157% pay raise from $1.9M to $4.8M in 2022.
All that Wayne asks is that employees come back in the office 3 days a week starting in September and 4 days a week starting in January. And all employees are free to work 100% remote until September.