ION filed with SEC a form detailing large payouts to top execs connected with strategic alternatives process. $262k for the ceo to do what? Scr3w employees even more? $175k for legal counsel to continue to give sh1tty advice? Geezus…
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‘Back in line’ guy , look at the stock price history in recent years and tell us the execs are doing a good job. They laid off hundreds of people in the last few years, halved the size of the company, still doing a good job?
Those amounts are actually retention bonuses to keep the execs around and which they will have to repay if they leave. I'm not trying to justify anything, just clarify. Further down in that same document, under Exhibit 10.1, the "Post-Closing Conditions" appears to set how the various subsidiaries may be handled.
If you still have your job, then the top execs are still doing their jobs very well and deserve to be rewarded for it. Back in line.