How to get a bonus when your company loses 1.4B.
Watch the buttsuckers fall all over themselves explaining this
https://www.repairerdrivennews.com/2023/04/20/allstates-ceo-received-15-million-salary-last-year-for-excellent-leadership/
6 replies (most recent on top)
TW is the last CEO of this company. The writing is on the walls.
John D is dark horse for CEO successor. Would be good internal candidate.
This is truly disgraceful when his employees are treated like absolute garbage with little to no raises.
Time for 65 year old TW to transform himself into retirement. Of course, that's a bit more challenging as he and the BOD have completely mismanaged the succession process. Whether Glenn was ever the plan can be debated, but internally, it appears that only Rizzo and Dugenske would be in play. At least Dugenske has added value with top-tier investment income results, adeptly playing the interest rate game.
You can't make this stuff up.
He made 3 million less than in 2021. In the face of inflation, I would say he lost out(sarcasm for the slow or uptight)