Based on this information, for 2023, the ratio of the annual total annualized compensation of Mr. Geldmacher, our CEO, to the annual total
compensation of the median employee was estimated to be 413 to 1.
For the most recently reported fiscal year (2022), the median CEO pay ratio for S&P 500 companies was 185:1, down from 193:1 for fiscal 2021
This is a pattern that we keep seeing in resideo:
Usualy it’s « we don’t answer to rumors « we are realigning « and other BS. Note that at that point quiet layoff start and some not so quiet to boot. None of the real guilty directors or VP are affected usualy as they had time to find a cushion….
Rincé repeat after about 8 months
horrible…..but a show of the true resideo culture…. Scott from HR should be happy as all this culture was enabled under his guidance
Let’s keep focusing on the soap opera of what happens in Honeywell parking lots
I have to say…. Resideo HR has managed to constantly prevent info from staying on this board…
Grow up either do the politics like software or take the door it is simple no?
It’s all about sc--wing others while looking like you saved the situation
This is so disgusting … I want to throw up. Resideo has become such a place where bad cloud software thrives in the land of make believe
Jay is a genius, look at our stock price which should be $5 based on all of our product fiascos. He deserves every penny pulling the wool over the eyes of investors
As long as everybody is happy, why should it be different.... Customers should have a word on this, but it seems this is filtered somewhere.
They are not an afterthought… they are tools to get to the big $$$
I mean, the guy has openly admitted that his strategy is to game financials to please investors. He's playing to his chosen audience. Employees and customers have always been an afterthought.
This place is crazy, why are we all here?
And private jets….. money flows in resideo
Looks like the annual layoffs are being used to fund important investments like CEO compensation and bonuses to c suite.