Have seen several reports in media of CEO's donating this years salary to help prevent impact to their employees. Anyone care to speculate/guess about Tom Linebarger doing this for his workers....?
I'm guessing Hell will freeze over before Tom would do this......
50% pay cut, but most of his compensation package is tied to stock options, not straight salary. Other true leaders are foregoing their entire salary, but not Tom.
50% pay cut, but most of his compensation package is tied to stock options, not straight salary. Other true leaders are foregoing their entire salary, but not Tom.
Time for Tom Linebarger to go. It is easy to be CEO of a company when it is doing good, but it is the decisions made than that help a company weather the storms that come ahead. Tom has done a poor job of leading Cummins. All the special interest money he put out hasn't yielded us one ounce of profit. The companies he bought out, the electric truck we made one of? No profit gained in any of these business interest. A good CEO is supposed to planning for bad days when days are good, and able to show strong leadership when times are tough. Mr. Linebarger has failed Cummins miserably. The employees and stock holders should not be experiencing the losses we are all facing now. The board needs to realize quickly that Linebarger is not the man for the job, and promote him to customer. Firing people and cutting salaries? I got a high diploma and I could come up with that. I vote "no confidence" Time for Tom Linebarger to go.
Tom is taking a 50% pay cut.
Some roles 20%, hourly 10%
I really hope this saves as many jobs as possible
Well, now we know. Or maybe we do. I’ll assume he’s taking the same 20% pay cut everyone else is.
Anything to keep the "shareholders" happy and Tom's pockets lined - Cummins is an embarrassment these days. I honestly believer that they are one of the worse companies when it comes to giving a damn about their employees. They slash everyone before they lose a penny
Haha, that’s ridiculous! He is a greedy SOB. His salary is pocket change compared to the bonuses he receives. The actual blue collar workers bust their butts and don’t reap the bonuses benefit they deserve. The insurance they offer their employees is one of the worst plans I have EVER seen. It’s sad.
Lol Tom is a greedy b–tard. I doubt he would donate his own salary. Ever.
Betting that will never happen.
Even if he did, salary is just a fraction of his total compensation.
You got that right.