https://www1.salary.com/Udit-Batra-Ph-D-Salary-Bonus-Stock-Options-for-WATERS-CORP.html
4 replies (most recent on top)
This is why hes dancing like a fool
S&P 500 CEOs made 268 times what the typical worker made last year, report says: ‘CEO payflation strikes again.
If Udit said he would give every employee one share of that $3.75M worth of stock options, he would still have plenty left over. But no, he pocketed it while denying everyone their merit increases (and not even enough to cover inflation in the first place). Real funny for a guy who says money doesn’t matter to the faces of the people he underpays and undervalues.
They are all fearful because they are in over their heads as the talent leaves and current technology gets further away. The only thing older than Waters' technology is the equipment and process they use to build it. The elves in Santa's workshop have better tools and working conditions. Losing ground and staff at a new processing plant that was scheduled to be completed years ago. ERP will take 3 years and 200M to modernize only to be behind 5 years when they arrive. Its over. Batra su-ked the life out of the company and will leave the dead carcass as he moves on with his pockets stuffed.
That video shows senior execs are terrified of him.its a common theme in waters.look at ryan et al when kevin visits,fear is etched in their faces.you dont move up the chain unless your controllable.look at our own supervisors team leaders etc each one has that timid trait.