Check out Resideo’s proxy statement.
Scroll down to the compensation section to see how much we still have to pay all of our exes, what a joke!
https://sec.report/Document/0001193125-20-119098/
8 replies (most recent on top)
ongoing layoffs are here to stay. people getting calls this week and last day this friday
Anyone know when the ongoing layoffs are going to end? Hearing more people are getting the call at home while on lock-down.
Considering that a few directors at rezi are paid close to 250k/ year (not a typo) no wonder people have to get a pay cut to afford those people....
Since when directors normally paid 135k anywhere else get so much? Must have been the old CTO crowd !
Most of the people on the board are wildly overpaid from failed "tech" companies. Look at the two people from GoPro - and look at GoPro's stock price. Is that the talent the board wants overseeing this business? Appears so.
@5dgl - he got paid so much because he is really smart. If you have any doubts you could just ask him, he would be happy to tell you.
Why did Niccolo de madi get paid so much?
Since the company is losing more and more money, market share and customers look for the incompetent and clueless "leadership" to protect their golden bank account until the money runs out. its only going to get worse from here. These means those actually contributing and that have a clue will be sacrificed to keep their gravy train rolling along as long as possible.
And only 60% of the staff had to take a pay cut.
No developpers in Austin and no director and above also in Austin.
It pays to s— up. We thank you Melville guys -for your service . Please work harder so I can get a bigger bonus.